NEWS: Technology evolution brings new ways to pay

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SATURDAY, JUN 25, 2005

Technology evolution brings new ways to pay

A sample credit card with "blink" technology is swiped across a reader at a fast food restaurant to pay for a meal in east Denver.

DENVER - Quicker. More secure. More fun. Stores, credit card companies and banks are giving consumers new ways to pay in the latest evolution of cashless payments.

Chase Bank recently rolled out credit cards with "blink" technology that lets users wave their cards near a computer reader instead of having to swipe them through a device. Cards never leave customers' hands.

Visa, MasterCard and American Express all have been exploring so-called contactless technology, whether with cards or keychain fobs. And companies using biometrics like BioPay and Pay By Touch are signing up customers who want to use their fingerprints to access checking accounts. ...

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