$SMME SmartMetric Biometric Contactless Credit and
Post# of 44099
(Total Views: 97)
Posted On: 08/31/2020 9:41:17 AM
$SMME SmartMetric Biometric Contactless Credit and Debit Cards Are the Perfect Solution for No Keypad Touch Card Transactions
SmartMetric, Inc. (OTCQB: SMME) says that in the brave new world post Covid-19 it has become clear that consumers are wanting to lessen their exposure to public touch points when navigating the out-of-home world.
Leaving the confines and safety of a person's home takes the consumer into a shopping environment where they can expose themselves to virus infection. One of the common points of risk exposure is at the checkout counter. A credit and debit card key pad that is not cleaned after every transaction has become a serious touch point that can transfer viruses from one customer to another.
Mitigating the risk of the payment card touch keypad when entering a PIN to complete a transaction is something that is now a public health issue. Obviously, the best solution is to have no keypad entry needed when making a transaction.
While most credit and debit cards are now what is called contactless, the contactless transaction is dollar amount limited. Because a contactless card is inherently insecure, for transactions generally over $20.00 you are still required to put in your PIN at the checkout. Low transaction limits along with the need to touch the checkout keypad don’t make contactless card transactions as they are now designed an answer to true non-touch card usage at the checkout.
Contactless card transactions to buy a cup of coffee work fine. It is when you have just bought $150.00 of groceries that you have issues. Presently for such a purchase there is no getting around the requirement of using a keypad that usually between 10 and 20 people touch between store cleaning wipedowns.
https://finance.yahoo.com/news/smartmetric-bi...00639.html
SmartMetric, Inc. (OTCQB: SMME) says that in the brave new world post Covid-19 it has become clear that consumers are wanting to lessen their exposure to public touch points when navigating the out-of-home world.
Leaving the confines and safety of a person's home takes the consumer into a shopping environment where they can expose themselves to virus infection. One of the common points of risk exposure is at the checkout counter. A credit and debit card key pad that is not cleaned after every transaction has become a serious touch point that can transfer viruses from one customer to another.
Mitigating the risk of the payment card touch keypad when entering a PIN to complete a transaction is something that is now a public health issue. Obviously, the best solution is to have no keypad entry needed when making a transaction.
While most credit and debit cards are now what is called contactless, the contactless transaction is dollar amount limited. Because a contactless card is inherently insecure, for transactions generally over $20.00 you are still required to put in your PIN at the checkout. Low transaction limits along with the need to touch the checkout keypad don’t make contactless card transactions as they are now designed an answer to true non-touch card usage at the checkout.
Contactless card transactions to buy a cup of coffee work fine. It is when you have just bought $150.00 of groceries that you have issues. Presently for such a purchase there is no getting around the requirement of using a keypad that usually between 10 and 20 people touch between store cleaning wipedowns.
https://finance.yahoo.com/news/smartmetric-bi...00639.html
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