Pay By Touch Completes Acquisition of BioPay

Acquisitions

Summary

Pay By Touch completed its $82 million acquisition of BioPay and combined the two companies’ biometric payment capabilities. The deal brings together BioPay’s consumer enrollment base, transaction volume, and check-cashing footprint with Pay By Touch’s retail payment and loyalty offerings. Pay By Touch also takes over BioPay’s assets, patents, retail customers, and enrolled members. The combined company aims to expand biometric transaction capabilities for retailers and consumers.

Classifications

industries
Retail
applications
Security

AskAI Classifications

Labels
Financial Software Check Cashing Software SaaS

Linked Companies

AllTrust Networks
$1M to $5M