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Pilot program explores a ‘cashless society’

January 24, 2013 Comments off

rapidcityjournal.com

This is not good news as there are a lot more cons than pros in this debate

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Aaron Rosenblatt, Rapid City Journal

Bernie Keeler, a mechanical engineering student at South Dakota School of Mines & Technology, demonstrates how to buy an item using biometric payment Tuesday at the Miner’s Shack snack bar. Nexus USA is piloting the Smart Pay system on the Mines campus.

School of Mines students and all of Rapid City could soon be at the cutting edge of a technology that developers say will eliminate the need for cash, IDs and maybe even car keys.

“We’re hoping that this is the future,” Al Maas, president of Nexus USA, said Tuesday at a news conference at Mines. “The applications for this are beyond your imagination.”

On Tuesday, mechanical engineering student Bernie Keeler showed just how easily the system works. After grabbing a Gatorade and a sandwich at the Miner’s Shack, he paid by swiping his index finger through Read more…