On a successful match, the card is turned on so that it can perform a card transaction. In less time than it takes to reach across to insert the card into a credit or debit card reader, the card has scanned the user’s fingerprint and matched it with the pre-stored fingerprint inside the card. Figures published by EMVCo reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.Īfter the card holder's fingerprint is stored inside the SMME card, all the user needs to do is touch the fingerprint sensor on the surface. SmartMetric (OTC: SMME) is the creator of an advanced Biometric payment card technology that addresses the multibillion existing chip-based credit and debit card market. Spain is First European Country to Announce Adoption of Fingerprint Activated Biometric Credit and Debit Cards with No Mag Stripe.
Filed for Patents Internationally While Having Issued Patents In the USA. Thermal Sensing Technology Added to Counter Fake Fingerprint Threat. Engineers Working to Incorporate Artificial Intelligence (AI) into New Versions. Working with One of the World's Largest Credit Card Network Brands. The Only Biometric Credit Card That Can Be Used in ALL Card Readers.
Design Patents to Block Any Other Biometric Fingerprint Activated Cards in the United States. Technological Leader in the Biometric Fingerprint Activated Credit Card Industry. Biometric Fingerprint Scanning for Credit & Debit Card Fraud Protection.
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