Pay By Touch On Holiday ShoppingBinge
SAN FRANCISCO - (12/20/05) -- Biometric solutions provider Pay ByTouch, developer of the fingerprint payment terminal, said it hascontinued its recent acquisitions streak and agreed to buy twoproviders of loyalty technology. They are 7th Street Software,Inc., developer of LoyaltySuite, which helps retailersautomatically give shoppers personalized offers on the productsthey offer; and Convena LLC, which also providers loyaltytechnology to retailers. The two companies will be paired withCapture Resource Inc., a supplier of integrated reward programs PayBy Touch agreed to acquire two weeks ago. Since the first of themonth, Pay By Touch has also completed its acquisition ofCardSystems Solutions, the troubled cards processor for 120,000merchants, and BioPay LLC, a provider of fingerprint authenticationsystems for check cashing. Pay By Touch also acquired ATM Direct,an online payment provider, three months ago.