Having presented our card to card issuing banks around the world we are now moving into the stage of preparing our card for interoperability as a credit card on one of the major card payments networks around the world.
This is a major step forward in bringing our biometric card to market as we continue to work in cooperation with the existing payments card networks, infrastructure and card issuers said today, SmartMetric’s President and CEO, Chaya Hendrick.
SmartMetric is presenting its biometric payments card at the Smart Card Alliance Payments Summit in Orlando Florida from April 4th through to April 7th, 2016.
SmartMetric’s biometric payments card has achieved an incredible reduction in microelectronics to fit a fully functional fingerprint reader inside an EMV smart card.
The card user rolls their finger across a thin sensor on the card’s surface which is used to read the person’s fingerprint and match it with their fingerprint already stored inside the card. Following a successful fingerprint match processed by the SmartMetric miniature fingerprint scanner inside the card the card is turned on allowing it to be inserted inside a credit card reader or ATM machine.
The fingerprint scanning takes less than 0.25 seconds making it even faster as well as being more secure than typing in PIN’s etc.
