SmartMetric Fingerprint Activated Biometric Credit Cards Granted Design Patent Protection

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NEW YORK–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME) has been granted design patents by the United States Patent Office that protect SmartMetric from potential imitators.

Having spent nearly two decades in research and development to create a biometric solution inside a credit card, SmartMetric has obtained design patents from the USPTO that protect the company from any company seeking to introduce a smart card or a credit card with an in-card fingerprint sensor. area.

“We started developing a biometric credit card to use a person’s fingerprint to activate the card’s chip even before smart cards were used in banking,” said Chaya Hendrick, President and CEO of SmartMetric.

“It was a fringe idea when we started when our first prototype was two inches thick. Most thought we were crazy even thinking there would be a need for such a product,” Ms Hendrick said. “After years of research and development, we now stand as the global leader in what is being recognized as the next big thing in the credit card industry,” said SmartMetric’s CEO.

There are now over 11 billion smart cards issued worldwide where SmartMetric biometrics inside the smart card are able to provide a superior level of biometric security.

SmartMetric’s biometric card addresses the existing multi-billion chip credit and debit card market. The figures published by EMVCo1 reveal that by the end of 2020, 10.8 billion EMV® smart cards were issued by financial institutions and were in circulation around the world – a massive increase of nearly a billion EMV credits and debits® charts compared to the previous twelve months.

SmartMetric is a US-based company with sales and marketing partnerships in Latin America, Europe and the United States. The engineering of the biometric card electronics is done in-house and is the intellectual property of the company.

SmartMetric has issued patents and patents pending on its biometric card technology.

To view the SmartMetric Biometric Card, please follow this link – SmartMetric Biometric Card Video. To visit the company’s website: www.smartmetric.com.

1 Data source: 10 billion and counting: what is the latest EMV?® Chip Data Means for Global Payments – EMVCo

EMV is a registered trademark of EMVCo

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