$SMME SmartMetric Announces the Development of a C
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Posted On: 06/10/2022 10:10:11 AM
$SMME SmartMetric Announces the Development of a Combined Multi Function Contact and Contactless Biometric Fingerprint Activated Credit Card That Uses Energy Harvesting as Well as an Internal Solid-State Battery
SmartMetric, Inc. (OTCQB: SMME) has developed a biometric activated credit/debit card that uses the card holders’ fingerprint to turn on the card prior to insertion of the card into a card reader or ATM.
The cards payment chip will not function in a standard contact or contactless credit card reader or ATM without the cardholder’s fingerprint first being scanned and matched. The user’s fingerprint is prestored inside the card and the cards internal fingerprint scanner is used to scan and match the user’s fingerprint in order to activate the credit or debit card.
The scan and match of the card users fingerprint takes less than a quarter of a second. The biometric scan is frictionless as it takes less time than it takes to reach across to insert the card into a reader.
Credit and debit cards that are used in the standard credit card reader where the user puts the credit card into a physical slot on the card reader is called a contact card. A credit and debit card that isn’t inserted into a card reader but rather is held over the top of the reader is called a contactless card. This operates on an RFID emission from the reader that reads an internal RFID chip sitting inside the card. Cards that have both contact function as well as the non-contact function are called dual interface cards.
SmartMetric has created a dual interface biometric fingerprint activated "dual interface" card that can be easily use across all credit and debit card reader types. Further the SmartMetric dual interface biometric card allows for multi sourced power and power recharging. When being used contactless by bringing the card into the proximity of a contactless card reader then the SmartMetric card harvests power from the RFID electronic field being emitted from the card reader. This energy is used to power the cards internal processor used to perform the rapid sub one second biometric fingerprint match. Importantly not only is the card powered through this wireless energy emission but excess power is harvested wirelessly to recharge the cards internal battery.
https://finance.yahoo.com/news/smartmetric-an...tml?p=SMME
SmartMetric, Inc. (OTCQB: SMME) has developed a biometric activated credit/debit card that uses the card holders’ fingerprint to turn on the card prior to insertion of the card into a card reader or ATM.
The cards payment chip will not function in a standard contact or contactless credit card reader or ATM without the cardholder’s fingerprint first being scanned and matched. The user’s fingerprint is prestored inside the card and the cards internal fingerprint scanner is used to scan and match the user’s fingerprint in order to activate the credit or debit card.
The scan and match of the card users fingerprint takes less than a quarter of a second. The biometric scan is frictionless as it takes less time than it takes to reach across to insert the card into a reader.
Credit and debit cards that are used in the standard credit card reader where the user puts the credit card into a physical slot on the card reader is called a contact card. A credit and debit card that isn’t inserted into a card reader but rather is held over the top of the reader is called a contactless card. This operates on an RFID emission from the reader that reads an internal RFID chip sitting inside the card. Cards that have both contact function as well as the non-contact function are called dual interface cards.
SmartMetric has created a dual interface biometric fingerprint activated "dual interface" card that can be easily use across all credit and debit card reader types. Further the SmartMetric dual interface biometric card allows for multi sourced power and power recharging. When being used contactless by bringing the card into the proximity of a contactless card reader then the SmartMetric card harvests power from the RFID electronic field being emitted from the card reader. This energy is used to power the cards internal processor used to perform the rapid sub one second biometric fingerprint match. Importantly not only is the card powered through this wireless energy emission but excess power is harvested wirelessly to recharge the cards internal battery.
https://finance.yahoo.com/news/smartmetric-an...tml?p=SMME
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