News from the Wire

Fast Phil's Convenience Store Chain in Spartanburg to Offer Finger Scan Payments

Friday, May 19, 2006 — 12:16:38 (EDT)

SPARTANBURG, SC, May 18, 2006 – Fast Phil's customers can now conveniently and securely pay for gas and snacks with the touch of a finger at all 11 Fast Phil's locations throughout the Spartanburg South Carolina area.%%N%%N"The system debits a shopper's checking account just like writing a check or using a debit card, but without having to hassle with wallets, cards, PINs, paper or checks," said Ben Willard, Vice President of Fast Phil's. "Because account numbers are not exposed, the finger-scan technology is helping us provide our customers with faster checkouts and more secure transactions."%%N%%NThe new finger scan service is powered by biometric payments leader Pay By Touch, which recently acquired BioPay and owns and operates the BioPay-branded biometric payment network throughout the country. %%N%%NAs an introductory offer, customers who enroll in the new finger scan service will receive a large coffee or fountain drink and a Nestle candy bar, plus they will receive a 2 cent discount on each gallon of gas purchased. Signing up is free, takes just a couple of minutes at the Fast Phil's stores, or online at www.biopay.com, and consists of simply providing identification, checking account information, and a finger scan. Once signed up, customers can immediately make purchases with the touch of a finger at any Fast Phil's location. %%N%%NBesides convenience, finger-scan payments provide the ultimate security. No one – not even the store associate – sees the checking account number, or the payment method used to make purchases. Customer information is securely stored and never sold. %%N%%N"Paying with the touch of a finger is a win-win for consumers and merchants," said John Rogers, founder, chairman, and CEO of Pay By Touch. "Shoppers can conveniently and securely make purchases with the confidence that their personal information remains secure before, during, and after the transaction."%%N%%NAbout Pay By Touch%%N%%NPay By Touch is the global leader of biometric authentication, personalized rewards, and payment solutions. The company's patented biometric products and services enable shoppers to conveniently and securely access personal accounts using a finger scan to identify themselves, make purchases, cash checks, and earn rewards. To date, Pay By Touch services over 154,000 retail clients, and has more than 2.5 million shoppers using biometric authentication products and services at 2,000+ locations coast to coast. Founded in 2002, Pay By Touch is a privately held company headquartered in San Francisco that employs more than 600 professionals and holds more than two-dozen U.S. issued patents. For additional company information, visit www.paybytouch.com.%%N%%NAbout Fast Phil's of SC, Inc.%%N%%NFast Phil's of SC, Inc. operates 11 convenience stores in Spartanburg, Union and Chester counties in upstate South Carolina. The company was incorporated in 1981 and employs around 100 people. All eleven stores sell gasoline, branded either BP or Pure and three of the stores feature Quick Chick's fried chicken restaurants on the premises and three stores offer touch-free car wash service. For more information about Fast Phil's contact them at their headquarters location: 2024 Howard Street, Spartanburg, South Carolina 29304.%%N%%NSource: Company Press Release

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Source: Company press release.