Revision with unchanged content. The exchange of goods between human
beings is one of the most natural things which dates back long before
the beginning of recorded history. As trade became more frequent and
complex, abstract representations for value were created and money was
"invented". Especially in the last decades the options available for
money transfer and payments have increased. In the seventies the credit
card became widespread and the growth of the Internet and E-Commerce led
to a great variety of electronic payment solutions. The latest trend in
the payment industry are mobile and biometric payment solutions.
Especially fingerprint based payment systems have been piloted and
implemented in several different set-ups in the recent past. The case
study in this book evaluates biometric payment systems based on the
example of digiPROOF, a fingerprint based payment system which was
piloted in 2005 at EDEKA, a large German supermarket chain. Up to now,
customer reactions have been very positive and EDEKA is at the moment
implementing the system in several other stores and plans to roll out
the system country wide in the long run. The book presents a real life
example of a fingerprint based payment system and aims at giving an
academically founded but practical view on biometric payment systems to
enable enhanced decision making for practicioners and managers in this
area.
