SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

February 18, 2016 09:30 ET

SmartMetric Fingerprint Activated Credit Card With Rechargeable Battery Inside Allows Card to Be Biometric Activated Prior to Insertion Into a Card Reader or ATM

NEW YORK, NY--(Marketwired - February 18, 2016) - SmartMetric, Inc. (OTCQB: SMME) SmartMetric has created a credit and debit card with a powerful fingerprint scanner built inside the card. It has taken SmartMetric over a decade of research and development to create the electronics small enough to fit inside a payments card while keeping the thickness of the card within credit card sized standards. It also has an inbuilt rechargeable battery that allows the card to be activated prior to insertion into a retail card reader or ATM.

We have built our biometric card technology around to work with the new EMV chip cards and it works using existing EMV card reader's and ATM's. To use a tech industry term, our biometric payments card is interoperable with the existing global banking payments card infrastructure said today, SmartMetric's President & CEO, Chaya Hendrick. 

The SmartMetric biometric payments card is the world's first EMV card that uses a rechargeable battery and is the size and thickness of a standard credit card. Our card is a working card and is ready for sale unlike other cards in Deven that have not been able to be made things enough or have a working power management system, said Chaya Hendrick. 

There are more than 3.4 billion EMV chip cards in use around the world. SmartMetric is looking at selling into this market at a price of $50.00 per card. This is close to 50% less than other electronic cards that don't even have a biometric fingerprint reader inside according to SmartMetric.

SmartMetric is now in talks with card issuing Banks in North America and Europe and will be soon introducing it's card in South East Asia and Latin America.

About SmartMetric: SmartMetric has created a safer and better user validation and identification technology for payment and identity cards using a person's individual and unique biometrics to validate and identify the card user. The company has created a super miniature fully functional powerful fingerprint scanner that fits inside a payments card as well as identity and secure log on cards. Using an internal Cortex processor built in the card the SmartMetric biometric card scans, reads and matches a person's fingerprint in less than 0.25 seconds. The card's internal scanner is powered by a rechargeable battery developed by SmartMetric and also embedded inside the payments and identity card. SmartMetric is a publicly traded fully reporting company on the United States OTCQB exchange.

To view a video of the SmartMetric biometric chip card follow this link - https://youtu.be/zSX59uHoHqU To view the company website: www.smartmetric.com

Safe Harbor Statement: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company's expectations or future events. 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


  • SmartMetric, Inc.
    Head Office:
    702.990.3687

    Media Enquiries Direct: 
    786.269.2238
    Email: info@smartmetric.com

    Investor Relations
    Everest Corporate Advisors, Inc. 
    702.334.7791 or 415.250.0105