Patent protected biometric fingerprint technology for credit and debit cards with the key feature of internal battery power

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Patent protected biometric fingerprint technology for credit and debit cards with internal battery power key feature: SmartMetric, Inc. (stock symbol: SMME)

SmartMetric, Inc. (OTCMKTS: SMME)

We provide the ultimate security for card users and absolute identity validation for card users’ bank, far beyond the simplistic, weakly secure four-digit personal identification number. »

—Chaya Hendrick, CEO of SMME

LAS VEGAS, NEVADA, USA, July 12, 2022 /EINPresswire.com/ — Patent protected biometric fingerprint technology for credit and debit cards with internal battery power key feature: SmartMetric, Inc. (Trading symbol: SMME)

Stock chart ready to run again:

o Biometric fingerprint reading for credit and debit card fraud protection.

o Protection granted by the United States Patent Office to prevent Copy-Cat versions.

o The only biometric credit card that can be used in ALL card readers.

o Work with one of the largest credit card network brands in the world.

o Sales and marketing partnerships in Latin America, Europe and the United States.

Introducing multi-function contact and contactless biometric fingerprint card technology using energy harvesting with internal battery.

On May 20, SmartMetric, Inc. (OTCQB: SMME) announced that unlike standard credit and debit cards that rely on the questionable security of PINs and CVVs for user validation, the SMME’s biometric credit card solution provides 100% card user validation immediately before the card is inserted into a credit card reader or ATM.

In other words, the credit or debit card’s chip and/or the card’s internal RFID used for NFC contactless payments will not work without the card user’s fingerprint. first successfully compared to his fingerprint which is already stored inside the card.

At no time does the user’s fingerprint leave the card security. The SMME biometric card does not store the user’s fingerprint on a centralized computer. Instead, the user’s fingerprint is securely stored inside the SMME card protected behind a highly encrypted firewall.
When a cardholder first receives their card, all they need to do is store their fingerprint inside the card. Just like when a person gets a smartphone and they touch the screen of the phone 3 or 4 times to have their fingerprint recorded and stored inside the phone, the same is true with the SMME biometric card. All the cardholder needs to do is touch the card’s fingerprint sensor 3-4 times and the user’s fingerprint will be permanently stored inside the credit card or debit.

Ease of use and especially the ease of storing a first-time card user’s fingerprint is very important in credit card markets such as the United States. The largest credit card issuing banks in the United States distribute their credit cards to new cardholders by mail. One method of inserting the card user’s fingerprint into a card is to have it come to a bank branch and use a specialized fingerprint reader which copies the person’s fingerprint and then stores it in the new map. For most large-scale credit card issuers, this is not efficient, and in the case of some, not even possible given their limited branch presence.
“Having a simple, yet highly secure method for a card user to first install their fingerprint inside the card, which would also work with existing large-scale credit card issuers, was importance to the electronic design team at SmartMetric,” said SMME President and CEO Chaya Hendrick.

Simple and frictionless

Once the cardholder’s fingerprint is stored inside the card, all the card user needs to do is touch the fingerprint sensor on the surface. In less time than it takes to insert the card into a credit or debit card reader, the card has scanned the user’s fingerprint and compared it to the pre-registered fingerprint at inside the card. Upon a successful fingerprint match, the cards are activated so that they can complete a card transaction.

The ease of use of the SMME biometric card, along with the fact that it is powered by the internal SMME green battery before the card is inserted into a reader to power the internal processor performing the fingerprint scan, means that the SMME biometric card is the only card that can work on all types of card readers and all situations. Biometric cards that do not have an independent internal power supply are very limited on where these cards can be used.

A big advantage for credit card users as well as banks in the fight against card fraud is the fact that the SmartMetric biometric card cannot be activated if someone else tries to use the card. .
“The chip and RFID/NFC are only activated for use after a fingerprint match on the card, providing very strong biometric security for the next generation of credit cards,” said Chaya Hendrick, President and CEO of SMME.

SmartMetric’s biometric card addresses the existing multi-billion chip credit and debit card market. Figures published by EMVCo1 reveal that at the end of 2020, 10.8 billion EMV® smart cards were issued by financial institutions and were in circulation around the world – a massive increase of nearly a billion EMV credits and debits® charts compared to the previous twelve months.

For more information about SmartMetric, Inc. (SMME), visit: https://www.smartmetric.com .
To view the SmartMetric Biometric Card, please follow this link – SmartMetric Biometric Card Video.

DISCLAIMER: This article is for informational purposes only and does not constitute a recommendation to buy or sell stocks.

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SmartMetric biometric card

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