$SMME is set up to deliver protection from both of
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Posted On: 10/21/2020 11:41:29 AM
$SMME is set up to deliver protection from both of the major threats that credit card users face today, being fraudulent charges and also the ongoing Covid issue. The recent announcement from the company on their new contactless options is another very welcome development.
From the SMME news:
The SmartMetric biometric credit and debit card is the perfect solution for true non-contact card use. With its built-in fingerprint sensor on the card that scans the card holders’ fingerprint when they touch the surface of their card. Their card scans their fingerprint, matches it with their fingerprint stored inside the card and in less than half a second authenticates the card user and turns on the card to send and receive a contactless signal to the reader.
Using a card user's own biometrics stored inside their own credit or debit card is far more secure in validating the authentication of the card user than the weaker security of a four digit PIN. It is now not only more secure than a PIN but allows the contactless credit or debit card to be used without the very low point of sale dollar transaction imposed on current contactless cards. All without the need to touch a suspect unclean card touch pad.
"We see consumer behavior being forever changed post Covid-19 with consumers still wanting to reach for their card to make a payment, but not wanting to touch PIN pads and readers at the checkout," said today SmartMetric’s President and CEO, Chaya Hendrick.
SmartMetric is ready to move aggressively forward in making available its new card to credit and debit card issuing Banks around the world, in association with the its global banking partners.
SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.
From the SMME news:
The SmartMetric biometric credit and debit card is the perfect solution for true non-contact card use. With its built-in fingerprint sensor on the card that scans the card holders’ fingerprint when they touch the surface of their card. Their card scans their fingerprint, matches it with their fingerprint stored inside the card and in less than half a second authenticates the card user and turns on the card to send and receive a contactless signal to the reader.
Using a card user's own biometrics stored inside their own credit or debit card is far more secure in validating the authentication of the card user than the weaker security of a four digit PIN. It is now not only more secure than a PIN but allows the contactless credit or debit card to be used without the very low point of sale dollar transaction imposed on current contactless cards. All without the need to touch a suspect unclean card touch pad.
"We see consumer behavior being forever changed post Covid-19 with consumers still wanting to reach for their card to make a payment, but not wanting to touch PIN pads and readers at the checkout," said today SmartMetric’s President and CEO, Chaya Hendrick.
SmartMetric is ready to move aggressively forward in making available its new card to credit and debit card issuing Banks around the world, in association with the its global banking partners.
SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe the United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.
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