SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

November 24, 2015 11:04 ET

SmartMetric Has Developed a Dual Purpose Contact and Contactless EMV Credit Card With Both the Contact Chip and NFC Transmission Activated Following a Card Users Fingerprint Scan From the Cards Internal SmartMetric Biometric Fingerprint Reader

NEW YORK, NY--(Marketwired - November 24, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- SmartMetric, the creator of the world's first ISO standard sized Biometric Payments Card that uses a card user's fingerprint to activate the card's EMV chip, said today that it is now able to offer a dual purpose contact and contactless card that has both capabilities activated following a card users fingerprint.

Having spent years of Research & Development on creating an ultra thin fingerprint scanner that is embedded inside an EMV credit card we have now successfully added a fingerprint activated NFC capability to the card making it the worlds first and only ISO standard biometric fingerprint dual interface credit card according to the SmartMetric's President & CEO, Chaya Hendrick

SmartMetric's biometric payments card solution adds to EMV Chip cards a strong biometric layer of security and works with existing chip card readers in retail stores and ATMs without the need for additional hardware or systems at the bank.

The SmartMetric Biometric EMV Card has an embedded inside the card fingerprint reader that is used to scan a person's fingerprint, authenticate the card user and then in turn activate the cards EMV chip prior to a transaction at an ATM or in store checkout. The SmartMetric biometric card solution increases the trust level while providing a frictionless and seamlessly enhanced security experience for the card user.

According to EMVco there are 3.4 billion EMV chip cards now issued around the world. The United States is now changing over in excess of 1 billion credit and debit cards to EMV chip cards throughout the country.

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.

Source: Gallup poll based on telephone interviews conducted Oct. 7-11, 2015, on the Gallup U.S. Daily survey.

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.

Embedded Video Available: https://www.youtube.com/watch?v=zSX59uHoHqU&feature=youtu.be

Contact Information

  • Everest Corporate Advisors, Inc.
    702.334.7791 or 415.250.0105

    SmartMetric, Inc.
    Head Office: +1.702.990.3687
    Media Enquiries Direct: +1.786.269.2238 or +1.305.607.3910
    Email: info@smartmetric.com