SmartMetric Completes First Large Production of It's Biometric Fingerprint Credit Card

NEW YORK, NY--(Marketwired - July 07, 2017) - SmartMetric, Inc. (SMME) - As of June 2017, SmartMetric has successfully mass manufactured it's biometric fingerprint activated credit card. After years of research and development that has involved the creation of our fully functional fingerprint scanner thinner than a third the thickness of a credit card, we are excited to announce that we have concluded our first large scale production. While in the past we have been able to make very low volumes it is another thing for us to be able to do mass production runs in the volumes required by card issuers, said today SmartMetric's President and CEO, Chaya Hendrick.

"After many years of confronting and overcoming one engineering issue after another, it is incredible for us to have finally achieved our goal in making a production credit card with our inbuilt super thin fingerprint scanner. We can now move forward with sales and marketing with card issuing financial institutions but as well adapt our biometric cards for other significantly large markets in the cyber and physical security industries," stated SmartMetric's President.

More than $3 trillion dollars are transacted annually in the United States using credit cards. Our technology is designed to bring biometric security to the common credit card and in so doing, helping to provide greater payment security for card issuers and users alike, Chaya Hendrick said.

Using a small square sensor that is on the top of the card a user simply places their finger or thumb on the sensor which in turn scans, matches and then activates the user's card. The biometric scan and match is done in less than 0.25 seconds enabling a frictionless process for the consumer. In the time it takes for the card user to reach across and insert their card into a point of sale reader or ATM, the person's fingerprint has been scanned and matched and given a positive biometric match, the card is then activated to then perform the card payment transaction.

The SmartMetric biometric fingerprint technology inside the credit card works with existing chip card readers so no new equipment by banks or retailers is needed. The card itself is the biometric reader and works seamlessly with existing payment point of sale readers.

Follow this link to view the SmartMetric biometric card:

Illustration of the SmartMetric Biometric Payments Card -- https://youtu.be/zSX59uHoHqU

To view the company website: www.smartmetric.com

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