$SMME #stockalert : SmartMetric Biometric Fingerpr
Post# of 42117
NEW YORK, February 16, 2022--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): biometric fingerprint activated credit card is the only biometric credit card that works with all types of credit card readers, including ATMs, in the world.
Recent entrants into the biometric credit card field attempting to copy the SmartMetric Biometric Card have developed fingerprint activated cards that can not be used in all situations that a card user may want to use their card. The limitation is because the European developed cards do not have an internal power source. Instead they must be inserted into a card reader in order to work and perform a fingerprint scan. Unbelievably these cards need the card user to be touching the card's fingerprint sensor while it is inserted in the card reader to work.
This restricts their credit card from working at ATMs that "swallow" the card in whole as well as restaurants that take the card from the table to the front desk to process a card payment.
"An ill conceived biometric credit card that has serious limitations on where a card holder can use it will without a doubt fail as a real life usable product," said SmartMetric’s President and CEO, Chaya Hendrick, today.
"We could have launched a simple biometric credit card that solely relied on the power of a card reader for powering the biometric fingerprint scan, years ago. SmartMetric made the decision for a biometric credit card to be adopted by card issuers and card users alike, it needed to work in all situations that a consumer would like to use their card," said Chaya Hendrick.
SmartMetric has spent a great deal of time and effort in research and development to build into its biometric fingerprint card an internal rechargeable power system that allows its card to be used in all types of card reading situations, even at ATMs that swallow the card as well as sitting at a restaurant table where they take the card from the table to a card reader for processing. In this situation the card holder simply touches the card's fingerprint sensor, the user's fingerprint is scanned and with a biometric match the card is turned on. The card is handed over to the restaurant staff member as a now biometric activated credit card who is then able to take the card away from the table to be processed at the restaurant's card reader.
https://finance.yahoo.com/news/smartmetric-bi...00712.html