SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

July 07, 2015 10:38 ET

SmartMetric Brings the Power of Biometrics to the Credit and Debit Card as a Higher Level of Security Than the Hackable PIN Used on Payment Cards

NEW YORK, NY--(Marketwired - Jul 7, 2015) - SmartMetric, Inc. (OTCQB: SMME) SmartMetric in creating a fingerprint activated payments card has added biometrics as a better line of security at the point of transaction. Because SmartMetric has embedded a fully functional fingerprint reader inside a credit/debit card while using the industry standard EMV contact chip the SmartMetric fingerprint activated card works with standard point of sale payment card readers and ATMs.

We use a person's fingerprint and use a miniature fully functional fingerprint reader inside the card to read the card user's fingerprint prior to the card being inserted into say an ATM. Following a fingerprint match that takes less than a second, the card's smartcard chip is activated that then allows a transaction to take place. If the card user's fingerprint doesn't match then the card's transaction chip will not work, said today SmartMetric's President & CEO, Chaya Hendrick.

SmartMetric is planning its first production release of its card by the end of July, 2015 which will allow the company to move forward with its sales to financial institutions and banks around the world.

To view a video of the SmartMetric biometric chip card follow this link:
SmartMetric Biometric Payments Card https://youtu.be/zSX59uHoHqU

To view the company website: 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.

Contact Information

  • Investor Relations
    Everest Corporate Advisors, Inc.
    702.334.7791 or 415.250.0105

    SmartMetric, Inc.
    Office: 702.990.3687 or 786.269.2238
    Email: info@smartmetric.com