SmartMetric Inc (SMME)

[bilboo]

Just some thoughts I wondered about, Can mastercard and visa compete with a biometric credit card on a level playing field?
Will banks and or merchants accept the liability shift, when they find out there is better technology available.
Will consumers worry about liability.
Will Discover or am express use it as a marketing tool. Discover just beat out mastercard and visa for best consumer card.
Is there really competition in the card market?
Is the chip standard already outdated?
Will large consumer stores drive the security business?
Are CEO's worried abought hacking type incidents?
Will Liability shift be the game changer?
Will consumers vote their preference by which card they use?
Will fees be a factor in liability?
Gas station liability doesn't shift for two extra years.
Will the fraud levels make a difference in merchant use or consumer use. Will Costco or Walmart change the dynamcs of the industry? MasterCard and Visa have a lot of worries to worry about. MasterCard stock is down 10% and volume is tanking now.
Will they get something to compete before it is too late? Bilboo out