System and method for localized permission-based sharing of personal information

A method for selectively sharing personally identifiable information using an authorization system, comprising the steps of:

• storing a plurality of user profiles, each user profile associated with a user and linked with a biometric profile for the user, a user mobile device and a set of personally identifying information regarding the user;
• storing a plurality of user permissions in conjunction with each user profile, wherein each user permission provides user consent for certain entities to receive at least a specified portion of the personally identifying information regarding the user associated with the user profile;
• determining that a first user device associated with a first user has been detected at a first location associated with a transacting party using a first wireless terminal operating therein, wherein the first wireless terminal includes a biometric sensor and the first user device includes at least a portion of the set of personally identifiable information regarding the first user stored thereon;
• receiving a first biometric profile which is associated with the user associated with the first user device at the first wireless terminal;
• capturing a first biometric capture from at least one person located at the first location using the biometric sensor;
• electronically comparing the first biometric capture to the first biometric profile and determining that the first biometric capture matches the first biometric profile;
• receiving a requested set of personal information from within the set of personally identifying information which is requested by the transacting party;
• confirming that the permissions associated with the user profile associated with the first user device permit the sharing of the requested set of personal information;
• and
• retrieving at least a portion of the personally identifying information matching the requested set of personal information from the first user device;
• and
• sending the requested set of personal information associated with the first user to the first wireless terminal for utilization by the transacting party.