VeriStar Corporation and DigitalPersona, Inc. announced they are working jointly to provide merchants and their customers with integrated solutions for conducting electronic payment transactions with the convenience and added security of biometric authentication.
VeriStar is an Oakland, Calif.-based provider of a payment service in which consumers voluntarily enroll in order to access their checking, credit and loyalty accounts without having to use cumbersome, costly plastic cards, paper checks, key fobs and other tokens. Instead, consumers who enroll in VeriStar’s voluntary, free service will be able to pay for goods simply by placing their finger on a DigitalPersona sensor integrated with a countertop credit card device from leading companies like Hypercom and Verifone.
“VeriStar is very pleased to be working with DigitalPersona to integrate our leading technologies in a new payment authentication service that will provide merchants and customers with greater control over their credit, debit and check transactions,” said Phil Gioia, CEO of VeriStar.
“VeriStar’s voluntary `pay by touch’ authentication service is an ideal application to bring shoppers and retailers the compelling security and convenience advantages of our proven U.are.U technology,” said Fabio Righi, President and CEO of DigitalPersona. “As consumers and merchants realize that added security can be utilized in a manner that is more convenient and less costly than carrying yet another piece of plastic in their purse or wallet they will embrace this new service.”
VeriStar’s service allows consumers to access their bank and debit accounts electronically without having to use the plastic cards, paper checks, key fobs and passwords that can easily be lost, stolen or damaged. At the same time, it provides merchants with reduced risk and lower costs in handling cash and checks. Consumers who enroll in the voluntary system no longer have to carry their cards and checks, but can easily access their accounts online using the ultra security of fingerprint authentication. Utilizing DigitalPersona’s U.are.U(R) technology, the VeriStar service will authenticate shoppers by comparing their previously enrolled information with information at the time of purchase.
VeriStar’s patented service enables a payment environment for completing transactions without the use of cash, checks and cards. The VeriStar service provides greater convenience and security to consumers who voluntarily enroll a finger scan and enables merchants to substantially reduce transaction-processing costs and significantly mitigate the risk of fraud. VeriStar’s Internet address is [www.veristarcorp.com]. VeriStar has 15 issued patents enabling the service.
DigitalPersona, developer of the innovative U.are.U(R) biometric security solutions, brings both heightened security and convenience to users. With a user-friendly interface and the highest level of security users can now safeguard their digital accounts and information. Based in Redwood City, Calif., the company distributes its products through an extensive network of OEM, VAR, reseller and retail channels and has attracted strategic partnerships with major computer and peripheral manufacturers. DigitalPersona’s U.are.U solutions have received numerous awards, including the “Editor’s Choice” awards from PC Magazine and Network Computing and the “Best of Comdex” award from PC Week.