Fingerprint Funds Transfer
NEW YORK, NY–(Marketwired – Oct 7, 2013) – SmartMetric, Inc. (OTCQB: SMME) — Speaking today from NEW YORK, SmartMetric™ Inc. President & CEO Chaya Hendrick said the company has developed a system on its fingerprint activated card that allows for fingerprint based card to card funds transfer. Using the advanced electronics inside the credit card sized card, SmartMetric is able to deliver a payment and funds transfer system that uses a person’s fingerprint for the ultimate transaction validation. Using the SmartMetric Biometric Card platform will usher in a new and advanced method and system for national and trans-national funds transfers and payments.
The SmartMetric biometric card has an inbuilt fingerprint scanner along with an advanced ARM processor and separate memory. The person’s fingerprint never leaves the encrypted memory of the card. Using the banking standard EMV chip as the cards contact interface it allows the biometric card to be used at ATM and point-of-sale machines. The breakthrough technological platform affords a whole new world of applications and possibilities in the financial services sector. It’s like having a PC that you can insert into an ATM said the company President.
About SmartMetric, Inc. SmartMetric Inc. is a technology development company that designs, engineers its advanced products utilizing the company’s expertise in miniaturizing electronics. The company has developed miniature fingerprint self powered fingerprint scanners and readers that are at the center of SmartMetric Inc’s key ring and credit and identity card products. For more information please visit us at www.smartmetric.com.
Safe Harbor Statement Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.
MedicalKeyring™ is a trademark of SmartMetric, Inc.