$SMME nearing completion of the final stage manuf
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Posted On: 03/10/2020 11:55:07 AM
$SMME nearing completion of the final stage manufacturing of its biometric card with the ADVANTIS – RediSys credit/debit card chip and payments operating system on the SmartMetric biometric fingerprint activated credit and debit cards.
"We have faced challenges in the integration of the ADVANTIS payments system on our card which has necessitated extensive engineering on our part but we are very excited that we are now in the final stages of bringing our biometric card product to market with the ADVANTIS chip fully integrated into our biometric card platform," said today SmartMetric’s President & CEO, Chaya Hendrick.
We are also 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.
"We have faced challenges in the integration of the ADVANTIS payments system on our card which has necessitated extensive engineering on our part but we are very excited that we are now in the final stages of bringing our biometric card product to market with the ADVANTIS chip fully integrated into our biometric card platform," said today SmartMetric’s President & CEO, Chaya Hendrick.
We are also 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.
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