With the blink of an eye and touch of a finger, shoppers may soon be able to gather their shopping bags and head out of the supermarket. No more fumbling for the wallet for a credit/debit card, ID or checkbook--for those who still use this archaic form of payment. According to an article in FORTUNE last week, several retailers are considering implementing biometric technology--the scanning of fingerprints--into the checkout process.
The article lists several mass-market retailers, including Wal-Mart, Target, Costco and Albertsons, are interested in testing its benefits. A report by Sanford Bernstein found that the technology might not only help prevent the ever-growing threat of identity theft, but could also improve the bottom line.
So what does this mean for the consumer? Kind of a scary scenario. Already, we can start our cars, authorize banking transactions, enter buildings--and soon shop--with the Midas touch, thanks to biometric technology. As the Yellow Pages' slogan goes, "Let your fingers do the walking"... and paying and driving and banking.
--Rachel Brown

Home»»


