SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

February 20, 2015 11:58 ET

Chip-Based Payments Cards Continue Massive Growth With More Than 2.3 Billion Chip Cards Now in Circulation Globally

NEW YORK, NY--(Marketwired - Feb 20, 2015) - SmartMetric, Inc. (OTCQB: SMME) Figures released by standards body EMVCo demonstrate continued adoption of "EMV" chip technology with 2.37 billion EMV payment cards in circulation and 36.9 million EMV terminals active worldwide. Credit and Debit cards with chips used to add greater security now dominate the payments card industry. SmartMetric adds stronger security to these cards by adding a biometric fingerprint reader inside the card, making chip cards secured by biometrics. "We are delighted to see the continued massive adoption of chip cards around the world, including in the United States, and expect to see even greater growth as the demand for safer payment card technology increases," said SmartMetric's President & CEO Chaya Hendrick. 

To read more about SmartMetric's biometric technology please go to www.smartmetric.com

About SmartMetric, Inc. SmartMetric is a publicly traded technology company that has added a fingerprint scanner built inside EMV payment credit and debit chip cards thereby creating a second layer biometric authentication protection in defending against card fraud. The company is now actively marketing its technology to card issuing financial institutions around the World. To find out more please go to www.smartmetric.com

Safe Harbor Statement Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.

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    SmartMetric, Inc.
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    Email: info@smartmetric.com