Sound impossible? Larger retail stores may be offering this option before you know it. Target®, Wal-Mart® and Costco® are researching the possibility of biometric payments right now according to Fortune.
Customers would set up an account in the store, scan their fingerprint, enter their phone number and checking and credit card information. When they are ready to check out, they place their thumb on the register scanner, enter their phone number, and select how they want to pay (credit, debit or checking account).
The research suggests that customers will benefit by speedier checkout and enhanced security. The biggest benefit to retailers would be lower transaction processing fees.
