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SmartMetric Puts Its Biometric Fingerprint Scanner Inside Your Chip Credit Card - There Are More Than 7 Billion Chip Cards Issued Globally
SmartMetric Puts Its Biometric Fingerprint Scanner Inside Your Chip Credit Card - There Are More Than 7 Billion Chip Cards Issued Globally.
About this update from Smartmetric, Inc.
[{"type":"text","content":"\nSMARTMETRIC HAS CREATED A FINGERPRINT SCANNER THAT SITS INSIDE YOUR CREDIT CARD AND USES YOUR FINGERPRINT TO INSTANTLY IDENTIFY THE CARD USER AND TURN ON THE CARDS PAYMENT CHIP\n NEW YORK, July 18, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) – Following more than a decade of research and development, SmartMetric has created a miniature fingerprint scanner that sits inside your chip credit/debit card.  By simply touching a sensor on the surface of the card scans and matches the cardholders fingerprint and if a match with the prestored fingerprint inside the card, the card is then activated.   “The scan, match, authentication and card activation takes less then a second according to SmartMetric’s President & CEO, Chaya Hendrick.  Using the power of biometric security within the card itself allows for immediate user validation.  I tremendous leap forward in card security said SmartMetric’s President.” SmartMetric with it’s dealers and distributors in the USA, Europe and South America are now in talks with the some of the largest card issuers in the world.  Because the SmartMetric biometric card uses existing industry standard payment chips it is easily deployable by Banks and does not require new systems or hardware. In our talks with Bank card issuers we have learned of two competitors who have seen the market that SmartMetric has created for biometric credit cards.  Unfortunately for these competitors in their rush to come out with a card, they have released a product that does not have a rechargeable battery inside to power their cards.  Unlike the SmartMetric biometric card that is powered by an internal miniature “rechargeable” battery.  The other cards require the card user to hold the sensor while the card is in the card reader in order for the card to draw power from the reader and consequently providing power to the cards internal processor.  This of course does not allow this card to be used in such places as restaurants that take the card from the table for processing or most ATM’s.  Banks recognize that this is inferior to the SmartMetric self-powered biometric card that allows the user to use their card at all card readers, ATM’s and in all situations the card user my wish to use the...