Wall Street Signals: Wall Street Update - $SMME SmartMetric Biometric Credit Card Brings Safe 100% User Validation Beyond the Pin Code for the Next Generation of Credit Cards

Wall Street Update - $SMME SmartMetric Biometric Credit Card Brings Safe 100% User Validation Beyond the Pin Code for the Next Generation of Credit Cards

 

SmartMetric, Inc. (OTCQB: SMME): Unlike standard credit and debit cards that rely on the questionable safety of PIN numbers and CVV codes for user validation, the SmartMetric biometric credit card solution provides 100% card user validation at the time the card is being used for purchase.

Simple and frictionless, all the card user needs to do is touch the fingerprint sensor on the surface. In less time than it takes to reach across to insert the card into a credit or debit card reader, the card has scanned the user's fingerprint and matched it with the pre-stored fingerprint inside the card. On a successful fingerprint match, the card is turned on so that it can perform a card transaction.

The convenience of the SmartMetric biometric card alongside the way that it is fueled by the SmartMetric inner green battery preceding the card being embedded into a peruser to drive the inside processor doing the finger impression examination implies the SmartMetric biometric card is the main card that can work across all card peruser types and circumstances. Biometric cards that don't have an interior free power supply are exceptionally restricted on where such cards can be utilized.

A big advantage for both credit card users as well as banks in fighting card fraud is the fact that the SmartMetric biometric card can not be activated if someone else is trying to use the card.

“Chip and RFID/NFC are activated for use only after a fingerprint match on the card bringing very strong biometric security for the next generation of credit cards,” said SmartMetric’s President and CEO, Chaya Hendrick.

SmartMetric’s Biometric card addresses the multibillion existing chip-based credit and debit card market. Figures published by EMVCo 1 reveal that by the year-end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

EMV is a registered trademark of EMVCo

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