Gartner Research

Pay by Touch To Acquire BioPay: Pointing at Retail Biometrics

Published: 08 December 2005

ID: G00183667

Analyst(s): Robert Garf, Scott Langdoc


Pay by Touch plans to acquire chief rival BioPay for $82M in cash and stock to become the largest provider of biometric technology for retailers. The acquisition allows Pay by Touch to obtain key technology assets from BioPay and end a year-long patent battle between the two firms. It also combines the extremely valuable members enrolled in their biometric payment program.

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.