SmartMetric Says It Has Completed Its Biometric Fingerprint Activated Credit Card With Live Fingerprint Detection and Is Now in the Final Process of Card Lamination and Printing
April 16 2024 - 2:24PM
Business Wire
SmartMetric, Inc. (OTC: SMME) - After over a decade of
development and following pandemic supply chain issues during the
company's reengineering of its biometric fingerprint activated
credit card, SmartMetric has completed the manufacture of its
advanced biometric card.
“Implementing new advances into its biometric fingerprint
scanner built inside the credit card such as live fingerprint
detection has taken a lot longer than we would have hoped but we
are glad to have finally reached this stage after such a long and
lengthy development process,” said SmartMetric’s President and CEO
Chaya Hendrick.
The SmartMetric biometric fingerprint scanning credit card is
unique in the world in that it is the first and only such card that
has an inbuilt rechargeable battery allowing the card to be used at
any type of credit card reader including contactless and ATM
readers.
Inside the card is also a hardware engineered solution that
senses when an actual live fingerprint is used on the card that
foils fake fingerprints from thieves.
“Our amazing fingerprint activated biometric credit card is
years ahead of anyone else and will provide a quantum leap in anti
credit card fraud for banks and consumers alike,” said Chaya
Hendrick.
A fingerprint scan credit card is a type of biometric card that
uses a built-in fingerprint scanner to verify the identity of the
cardholder when they try to make a payment. This technology is
designed to enhance the security and convenience of credit card
transactions, especially for contactless payments as well as
standard contact payments and ATM transactions.
It has taken years of research and development to perfect the
internal power system within the SmartMetric finger scan card.
Millions of dollars in research and development have been invested
to create the only card of its kind in the world that will work at
all card readers. The card is simple to download your fingerprint
into the card at home without the fear and inconvenience of going
somewhere else to have your fingerprint scanned and stored into the
card.
The SmartMetric finger scan card is light years ahead and brings
the reality of full biometric security technology to the ubiquitous
credit and debit card world.
Credit cards still dominate the way consumers make payments. Non
credit card payments such as phones account for less than 5% of
payment transactions while the majority of transactions are done
using either a credit or debit card.
According to a report published by Forbes Adviser on March 9,
2023, “Over the past year, nearly half the population (47.5%)
opened at least one new account, bringing the total number of
accounts to over 518 million by the end of 2022.” 1
The mass market version of the SmartMetric Gen4 biometric
credit card has been completed and is now with a major Visa and
Mastercard accredited credit card laminator for lamination and
printing.
1 Credit Card Statistics And Trends 2024 – Forbes Advisor
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SmartMetric, Inc. Chaya Hendrick Tel: (702) 990-3687
Mobile: (305) 607-3910 (Pacific Time) ceo@smartmetric.com
www.smartmetric.com