There is a wide variety of stored value facilities available in Singapore today. Kopitiam Group is rolling out a new pre-paid instrument, a biometric system of payment at its food courts. How does it work? We simply just scan our thumb print to make a payment. Of course, we need to sign up to register our thumb print and top up some cash value at Kopitiam card retail counter.
It is a brilliant idea for the sake of great convenience. We do not need to carry another card, just use our finger. However, if you think twice, what are the implications of using this system for us, as customer?
The news said "Patrons concerned about privacy and security issues related to the scanning of their thumbprint can use any of their fingers instead.".
In US, there is a news regarding privacy and security concerns on fingerprint payments. Here is the link, http://www.securityfocus.com/news/11339
Nevertheless, thumbs up to this technology for its benefit to public.