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Think Computer Corp. is adding digital coupons to FaceCash, a mobile payment system that it says fights fraud through a facial-identification system.
December 28 -
Signatures can be forged, but Think Computer is betting that faces cannot — and it is relying on photo identification as the selling point of its mobile prepaid system FaceCash.
November 22
Think Computer Corp. has added a contactless payment capability to its FaceCash mobile wallet.
FaceCash previously relied on only a bar code system to present payment details. The June 7 update also added cash drawer management for merchants.
"With FaceCash you can now replace your cash register, your card terminal, your calculator and if you choose to send email receipts, your printer and your thermal paper as well," Aaron Greenspan, Think Computer's chief executive, said in a press release. "Whether you use bar codes or [near-field communication technology], you still get a better deal, less fraud and top-notch security overall."
The Palo Alto, Calif., company's wallet app, which consumers use to make payments with FaceCash merchants, is available for Android, iPhone and BlackBerry handsets.
The Web-based FaceCash Register feature is available for free to merchants that accept FaceCash.
