|

|
PADUCAH, Ky.--(BUSINESS WIRE)--Aug. 9, 2005--
Kentucky residents can now
conveniently and securely pay for goods with just their finger at Cheers
Food and Fuel in Paducah, Kentucky using technology from biometric
payments leader BioPay, LLC. The service is the first of its kind in any
retail store in Kentucky. Cheers, a chain of 10 stores across the area,
chose to implement BioPay in their Paducah store to give their check
writing, credit and debit card customers greater convenience when making
a purchase. An important benefit has been a reduction in Cheers Food and
Fuel payment processing costs.
"We are providing our customers with the most secure payment method
available and, at the same time speeding up the checkout process for
them," says Freddie Bobo, Manager of Cheers. "With BioPay
payments, consumer convenience is up and retailer costs are down. BioPay
costs us 70% less than process credit or debit card transaction, and we
can pass that savings along to the consumer."
Cheers is offering a free fountain drink to customers who enroll in
BioPay at their store. After completing their first BioPay transaction
the customer will also receive a $2.00 off coupon for their next BioPay
purchase over $15.00.
The BioPay system uses a person's unique finger image and their chosen
BioPay number (usually a phone number) to authorize a secured debit
direct from their checking account. The one-time enrollment can be
completed at any merchant that offers the biometric payment service and
the entire process takes less than two minutes. Once enrolled, the
customer can purchase in seconds with their finger at any BioPay payment
location across the United States. The BioPay service is free to the
consumer.
Many retailers across the country are choosing BioPay to give their
check writing and credit/debit customers greater convenience when making
a purchase. As a result, retailers are experiencing a dramatic reduction
in payment processing costs.
Tim Robinson, President of BioPay, agrees, "Our goal is to provide
the convenience of a secure, wallet-less world where consumers feel
secure that none of their personal information is being 'left behind' at
the time of transaction. We also believe that retailers pay too much in
credit and debit card fees and BioPay solves that problem. With low flat
fee per transaction pricing, BioPay is dramatically less expensive than
Visa's typical two percent fee to merchants."
About BioPay
With over 1.9 million registered consumers, BioPay's customer adoption
proves that the time for biometrics is now. Over 1,400 merchant
locations are using one or more of BioPay's smart, secure methods for
processing financial and other transactions requiring identification
such as payroll check cashing, loyalty programs, age verification and
stored value programs. BioPay's payment service offers merchants a
low-cost form of payment and gives consumers a convenient, secure and
quick way to pay for purchases. BioPay's patent-pending systems for
grocers, convenience stores, gas stations, liquor stores and other
retailers have been implemented across the nation. For more information
on BioPay and its market-leading products please visit www.biopay.com.
About Cheers Food and Fuel
Cheers Food and Fuel is chain of 10 locally owned convenience stores in
West Kentucky, Southern, Illinois, and Southeast Missouri.
| Feel free to contact Pastor Butch with any
questions or concerns. Tune in to our broadcast Monday-Thursday at 9:00
P.M. Eastern on your S.W. at 5.850. Also on your computer on www.gcnlive.com www.whr.org
click on angel 2 or C-Band satellite G13, transponder 20, audio 7.7
narrow band. Freedom Radio on 92.7 FM Lexington,Tn. 102.7
FM in Lutz, FL & 91.7 FM in Johnson City, TX at 9pm ET. KGGM
93.5 in Monroe, LA, WBCR 1470 AM in Alcoa, TN, 91.1 FM in Austin, TX,
WROL 1340 AM in Providence, RI, WARL 1320 AM in RI.87.9
fm in Danvill, Ill 88.5 fm Cosby, Tenn. and 91.9 fm in Kerrville, Texas |
|