$SMME excited that we are able to bring to market not only a biometric fingerprint activated credit/debit card that works with in-store contact card readers and ATM’s but uses the person's fingerprint to activate contactless transactions.

Securing contactless credit and debit cards with a person’s biometrics will be a game changer in the contactless payments card world, allowing card issuing banks to now provide a totally secure contactless card product that can only be used by the real card holder. This dramatically changes the risk for card issuers who have had to have low transaction limits on contactless cards due to the ease of use by fraudsters who have acquired a lost of stolen card.