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(Total Views: 107)
Posted On: 07/10/2019 12:54:38 PM
Post# of 44044
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Posted By: stocksonhighalert
Why? SmartMetric partners with RedSys:
https://www.apnews.com/Business%20Wire/8a7a4b...9be7612559

SmartMetric, Inc. (OTCQB: SMME) entered into a manufacturing agreement with ServiRed to incorporate the Advantis EMV Chip and Chip Card Operating System into the SmartMetric biometric fingerprint activated credit cards. Following the signing of the agreement with ServiRed, RedSys, with the Advantis chip, operating system technology and business unit was acquired from ServiRed through company succession. Some of the largest Global Banks are shareholders of RedSys and use the Advantis Chip & Operating system on their credit and debit cards. The original license agreement between SmartMetric and ServiRed has SMME making a joint biometric credit card using the Advantis Chip & Operating System, assigned to RedSys who is now the legal entity that owns the Advantis business unit. http://www.redsys.es/en/index.html

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