SmartMetric Biometric Fingerprint Activated Credit Card Through Issued Patents Grants SmartMetric Exclusivity for Biometric Credit and Debit Cards in the United States
2024年5月18日 - 2:35AM
ビジネスワイヤ(英語)
SmartMetric, Inc. (OTC: SMME) issued patents awarded by the
United States Patent Office that are licensed to SmartMetric from
the founder of SmartMetric, Chaya Hendrick, gives SmartMetric
exclusivity on biometric fingerprint sensor-based credit cards in
the USA.
The issued patents describe and cover a credit card or debit
card that has an EMV chip along with a fingerprint sensor on the
surface of the card. These patents prevent any other company from
selling or commercializing the use of a credit card that is a
standard credit or debit card that also has a fingerprint sensor
anywhere in the USA.
The global biometric payment cards market size was valued at
USD 74.4 million in 2021.
It is projected to reach USD 5,878.32 million by 2030,
growing at a CAGR of 62.50% during the forecast period
(2022–2030). 1.
“Implementing new advances into its biometric fingerprint
scanner built inside the credit card such as live fingerprint
detection has taken a lot longer than we would have hoped, but we
are glad to have finally reached this stage after such a long and
lengthy development process,” said SmartMetric’s President and CEO
Chaya Hendrick.
The SmartMetric biometric fingerprint scanning credit card is
unique in the world in that it is the first and only such card that
has an inbuilt rechargeable battery, allowing the card to be used
at any type of credit card reader, including contactless and ATM
readers.
Inside the card is also a hardware engineered solution that
senses when an actual live fingerprint is used on the card that
foils fake fingerprints from thieves.
“Our amazing fingerprint activated biometric credit card is
years ahead of anyone else, and will provide a quantum leap in
anti-credit card fraud for banks and consumers alike,” said Chaya
Hendrick.
A fingerprint scan credit card is a type of biometric card that
uses a built-in fingerprint scanner to verify the identity of the
cardholder when they try to make a payment. This technology is
designed to enhance the security and convenience of credit card
transactions, especially for contactless payments, as well as
standard contact payments and ATM transactions.
It has taken years of research and development to perfect the
internal power system within the SmartMetric finger scan card.
Millions of dollars in research and development have been invested
to create the only card of its kind in the world that will work at
all card readers. A card that is simple to download your
fingerprint into the card at home without the fear and
inconvenience of going somewhere else to have your fingerprint
scanned and stored into the card.
The SmartMetric finger scan card is light years ahead and brings
the reality of full biometric security technology to the ubiquitous
credit and debit card world.
Credit cards still dominate the way consumer make payments.
Non-credit card payments such as phones account for less than 5% of
payment transactions, while the majority of transactions are done
using either a credit or debit card.
According to a report published by Forbes Adviser on March 9,
2023, “Over the past year, nearly half the population (47.5%)
opened at least one new account, bringing the total number of
accounts to over 518 million by the end of 2022.” 2.
1 Biometric Payment Cards Market Trends, Share, Size, Growth,
Forecast 2030 (straitsresearch.com) 2 Credit Card Statistics And
Trends 2024 – Forbes Advisor
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SmartMetric, Inc. Chaya Hendrick Tel: (702) 990-3687
Mobile: (305) 607-3910 (Pacific Time) ceo@smartmetric.com
www.smartmetric.com