NEW YORK, NY — (Marketwired) — 03/19/15 — SmartMetric, Inc. (OTCQB: SMME) After more than a decade of R&D, SmartMetric has developed a safer credit card using the SmartMetric miniature fingerprint reader that is embedded inside the card to verify the card user and to activate the card.
The biggest challenge faced in creating a miniature fingerprint reader according to SmartMetric–s President & CEO, Chaya Hendrick was the size of the electronic components needed to power the fingerprint scanning function. To miniaturize the biometric electronics to the size of less than 1/3rd the thickness of a credit card in order to fit inside a credit card has been an amazing feat of advanced electronics said the company President.
SmartMetric says it is being approached by financial institutions from around the world who are seeking a more secure payment card solution.
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