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SmartMetric Biometric Credit Card Leads The Industry With A Self Powered Card That Works Independently Of External Card Readers
SmartMetric Biometric Credit Card Leads The Industry With A Self Powered Card That Works Independently Of External Card Readers.
About this update from Smartmetric, Inc.
[{"type":"text","content":"\nNEW YORK, June 20, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) – The SmartMetric biometric credit card leads the biometric card industry in having a biometric card the size and thickness of a credit card that is powered by an internal battery allowing the card to do a fingerprint scan prior to its insertion into a card reader.\n Other company’s have tried to copy our technology but have failed to overcome to address the ability of the card to be self powered with a power source inside the card.  This means cards that have been offered of recent by one of the largest credit card makers require the card to be inserted into a card reader in order to do a fingerprint scan.  Resulting in the card not working independent of the card reader and making it unusable in 99% of ATM’s.  This also makes the card unusable in the majority of restaurants who take the credit card from the table to be processed at the restaurants cash register. We have spent years in developing the power management system used in our card.  Our card has an internal super thin rechargeable battery along with our SmartMetric BMS “Battery Management System” that allows the card to be used independently of an external card reader.  The fingerprint scan is done using the cards internal biometric fingerprint scanner powered by the SmartMetric power system.  The user simply touches the card sensor and the internal fingerprint scanner completes a fingerprint scan and match in less than half a second.  Allowing the card holders fingerprint to be used to unlock the card as it is being inserted into a card reader or ATM, said SmartMetric’s President & CEO, Chaya Hendrick. The SmartMetric biometric internal fingerprint scanner is made to work with credit and debit chip cards.  The card holders fingerprint is used to turn on the chip cards surface chip thereby providing much greater protection than PIN’s or passwords. According to industry published figures, there are now 7.186 billion chip cards issued by banks globally.  This figure is based on reported figures for 2017.  Figures reported in Q4 of 2017 and represent the latest statistics for from American Express, Discover, JCB, Mastercard, Union Pay, and Visa, as reported by their member institutions globally.*...