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 - Seite 3

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. A card that 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 consumer 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 is now under manufacture following the successful testing of the cards new and advanced internal operating system on the new card hardware platform.

Currently the card is under manufacture which involves the electronic assembly and separately the cards lamination turning it into a credit card is underway in Asia. The cards internal software including its operating system has been tested by the SmartMetric group of engineers in Tel Aviv, Israel.

“While we have experienced unbelievable challenges and delays, we are very excited about being able to very soon show our finished mass production biometric finger scan card to the world,” said Chaya Hendrick.

¹ Credit Card Statistics And Trends 2024 – Forbes Advisor

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