January 26, 2006 1:38 PM PST
'Electronic wallet' firm raises $60 million
The venture financing blitz comes amid reports that Wal-Mart Stores and Costco Wholesale are eyeing the company's technology. Its system is already in use at Albertson's and Cub Foods. In addition, Pay By Touch just merged with its main rival, BioPay, making it the top company in the budding biometric payments market.
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