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SmartMetric, the Creator of Biometric Credit Cards in USA Sees United States Card Dollar Volume Now Exceeding $8.4 Billion
SmartMetric, the Creator of Biometric Credit Cards in USA Sees United States Card Dollar Volume Now Exceeding $8.4 Billion.
About this update from Smartmetric, Inc.
[{"type":"text","content":"\nSmartMetric, Inc. (OTCQB: SMME): Contrary to past thoughts that mobile phones would replace credit cards the reality is that credit cards remain the most dominant transaction choice.\n\nPurchase Volume of Visa, Mastercard, American Express and Discover, consumer business and commercial cards issued in the U.S. generated $8.461 trillion in 2021. This was a staggering increase of 25.1% over 2020.2\n\n“SmartMetric is the only known fingerprint biometric activated card in the credit card industry with a rechargeable battery that allows the card to be used in all card transaction situations, such as ATM’s and restaurants that process the card transaction away from the table,” said SmartMetric’s President and CEO, Chaya Hendrick.\n\nThe card holder simply touches a discrete sensor on the card's surface and in less than a second their fingerprint is scanned and matched with their pre-stored fingerprint in the card. Enhancing the security of the card user's biometrics, at no point does the user's fingerprint leave the secure memory inside the card.\n\nThe SmartMetric biometric in card ultra small electronics technology has been developed in-house by SmartMetric with its team of high level electronics engineers. SmartMetric is the only United States based company manufacturing advanced biometric cards.\n\nThere are now over 11 billion1 chip based cards issued worldwide.\n\nSmartMetric technology is protected by issued licensed patents and patents pending along with trade secrets surrounding its biometric card technology.\n\nTo view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com\n\n1 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments - EMVCo EMV is a registered trademark of EMVCo\n\n2 Nilson Report – March 15, 2022\n\nSafe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materi...