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Posted On: 08/24/2020 3:55:24 PM
Post# of 104763
$SMME Sees The Rise In Contactless Biometric Credit Cards And The Demise Of PIN Pads And Magnetic Stripes In The Post COVID-19 Credit Card World SmartMetric, Inc. (OTCQB:SMME) -- Consumer behavior has forever been changed because of COVID-19 according to the maker of biometric credit and debit cards, SmartMetric.
The ubiquitous PIN pad at every checkout where you need to touch buttons to enter your PIN code has become a virus spreading touchpoint. As a consumer goes to enter their PIN number on the PIN pad at the checkout a hesitation happens as they realize they are touching something that any number of consumers have touched during the course of just the past hour. Having no other option the consumer touches the PIN pad and if they are lucky reach immediately for a hand sanitizer. However most don't because simply there is none provided at the checkout.
PIN pads have overnight become a virus spreading touchpoint that many consumers have an aversion to in this post COVID-19 world. However there is a safer way and it is already being rolled out around the world. The touchless "contactless" card reader. Instead of swiping and touching a card reader, the consumer simply waves their contactless equipped card within an inch or two of the card reader and instantly their card information is read by the machine. No touching. No swiping. A simple wave of the card in proximity to the card reader and the credit or debit card transaction is done.
https://www.barchart.com/story/stocks/quotes/...card-world
The ubiquitous PIN pad at every checkout where you need to touch buttons to enter your PIN code has become a virus spreading touchpoint. As a consumer goes to enter their PIN number on the PIN pad at the checkout a hesitation happens as they realize they are touching something that any number of consumers have touched during the course of just the past hour. Having no other option the consumer touches the PIN pad and if they are lucky reach immediately for a hand sanitizer. However most don't because simply there is none provided at the checkout.
PIN pads have overnight become a virus spreading touchpoint that many consumers have an aversion to in this post COVID-19 world. However there is a safer way and it is already being rolled out around the world. The touchless "contactless" card reader. Instead of swiping and touching a card reader, the consumer simply waves their contactless equipped card within an inch or two of the card reader and instantly their card information is read by the machine. No touching. No swiping. A simple wave of the card in proximity to the card reader and the credit or debit card transaction is done.
https://www.barchart.com/story/stocks/quotes/...card-world
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