SmartMetric Says Its Biometric Fingerprint Recognition and Activation Credit Card Built Inside the Credit Card Will Bring Next Level Security for the Multi Billion Dollar Credit Card Industry Worldwide

SmartMetric, Inc. (OTC: SMME) 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.

Better protection of your data: Unlike PINs, fingerprint data is encrypted and is only stored in the card, bypassing the need for a central database connected to the internet, protecting a card user’s sensitive data from hackers¹. Additionally, the technology safeguards against duplicated 2D and rubber fingerprints because it requires electrical capacitive sensing. In addition, the SmartMetric biometric credit/debit card has an inbuilt hardware based live fingerprint detection created by SmartMetric and only available on the SmartMetric biometric credit/debit card.

Even more convenience: Credit cards save consumers time and allow them to pay quickly. With a fingerprint scan credit card, you don’t need to remember or enter a PIN, which can speed up the checkout process and reduce the risk of forgetting or losing your PIN. At the moment the card issuing brands such as Visa and Mastercard are not proposing to eliminate the use of a PIN with a biometric card. Discussion in Europe by Banking regulators is actively talking about the doing away with the widely accepted “insecure” PIN when users use a fingerprint scan credit/debit card. Credit card networks already have the ability to turn off PIN usage which they do for some low-cost transactions such as buying a coffee. Logic would have it as biometric credit cards proliferate non-PIN usage will expand without restriction to fingerprint biometric scan cards.

Works with existing POS infrastructure: SmartMetric fingerprint scan credit cards are compatible with existing point-of-sale terminals that accept chip or contactless payments, so merchants don’t need to invest in new equipment or software to accept them. However, more recent players who are trying to test reader powered finger scan credit cards that rely on the power from the reader are trapped in having their cards not able to work at most Gas Stations, ATM’s and many restaurants that don’t have portable card readers that are brought to the table.