Pay By Touch Buys S&H Greenstamps

SAN FRANCISCO – Pay By Touch, the acquisitive maker of fingerprint identification technology, said yesterday it has agreed to acquire loyalty pioneer S&H Solutions and its parent, S&H Greenpoint, for more than $100 million. S&H services include S&H greenpoints Reward program, the digital reinvention of the Sperry & Hutchinson Company’s Green Stamps. The nation’s first loyalty marketing program, introduced around 1896, S&H greenstamps rewarded millions of consumers with stamps that were redeemable for goods and services. Pay By Touch, which provides fingerprint technology to financial service providers and supermarkets, has acquired a half-dozen companies over the past year, including Capture Resource, a supplier of integrated reward programs in an effort to marry its patented biometric technology with rewards programs.