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Well it’s always been a hero or zero trade so blue chips are certainly safer. Playing in this sector certainly is risky and not for everyone. I personally thought this risk was worth it. Again in saying that, I expected years earlier. I think now we are very close.
Finally, not much.
Good question but easily answered. The first lot of deals they do will be relationship based. This means, existing banking relationships whereby the distributors will look to enhance that relationship by bringing the latest technology to them.
Furthermore, the distributors would have checked with their client base on the level of interest before the distribution deal was signed and announced.
These companies would already have the deals in place. They would know how many could be sold and how much revenue they could make.
It’s just a matter of time...... we have two companies that have decided they can make money from our card with their top clients.
NEW YORK, March 29, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) – It started with a dream. To create a safer and more secure credit card. Over a decade ago the founder and President/CEO of SmartMetric, Chaya Hendrick realized that credit card fraud would continue to grow exponentially to the point where it would seriously impact card users and become a serious financial burden on card issuers and their merchants.
Years before anyone had even thought of using chip cards in the USA, SmartMetric set about to build a fully functional fingerprint scanner that would be used to activate the cards chip that would most importantly fit inside a card the size and thickness of a standard credit card. It other words, the company set about to achieve what was science fiction at that point, to reduce a complex computer motherboard and its components to a super thin piece of electronics in order to fit a biometric fingerprint scanner inside a credit card.
After many years of research and development with a small yet highly advance team of engineers, SmartMetric achieved what was seen as impossible, a fully operational biometric locked and secure credit card for consumers.
“SmartMetric could have easily released a version of its biometric card a number of years ago that didn’t have its own internal power supply. This of course would mean the card would have to stay inside a retail card reader while the fingerprint scan takes place. Making it impossible to use in 99% of ATM’s and of course most restaurants who need to take the card to their cash register. Instead the company wisely insisted in making sure that its biometric credit card would work across all transaction points for the convenience of consumers,” said today SmartMetric’s President and CEO, Chaya Hendrick.
“Touch your card and your fingerprint biometrics instantly unlock the card in less than a second. Safer than a password and so much easier and quicker than entering a PIN,” said Chaya Hendrick.
The company has recently appointed experienced credit card manufacturers in the United States and South America to bring the leading SmartMetric biometric card to credit card issuing Banks. The SmartMetric biometric credit card is being met with a very high level of enthusiasm as the banking industry is recognizing the benefits of having and offering this technology to their customers.
SmartMetric is a United States company with its head office in Las Vegas, Nevada. It has a team of advanced engineers in Tel Aviv, Israel and has mass manufacturing capacity in various parts of the world. The company can now manufacture 1 million cards a month and has the capacity to increase this capacity significantly based on product demand.
The SmartMetric biometric card is protected by five (5) recently “issued” patents. Additional patents are pending.
To view a video of the SmartMetric card follow this link SmartMetric Biometric Card Video
To contact the representative for the SmartMetric biometric credit/security card within the USA please contact PROTEC Secure Card, Tracey Breckenridge at traceyb@protecsecurecard.com To view their website, www.protecsecurecard.com
For more information concerning the new biometric secured credit and security card for South America please contact HOGIER GARTNER CIA S.A., Alvaro Gartner Valencia at alvaro.gartner@hogier.com To view their website, www.hogier.com
Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also 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. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Contact Information
USA REPRESENTATIVE
Protec Secure Card, LLC
80 Corbett Way
Eatontown, NJ 07724, USA
+1-732-542-0700
Sales: Tracey Breckenridge
www.protecsecurecard.com
SOUTH AMERICA REPRESENTATIVE
HOGIER GARTNER & CIA. S.A.
Alvaro Gartner Valencia
Gerente Comercial & Financiero
Carrera 65, No. 80-16
Bogota D.C. 11121, Colombia
Tel: +57. (1) 4378484
alvaro.gartner@hogier.com
really think some of you need to realize that they are not just selling a card. They are selling a whole card program that involves Board of Directors, technology teams along with new marketing concepts etc etc. to all come together.
Banks don't just buy a box of cards LOL.
I strongly suggest you chill out and watch it unfold! Otherwise, sell up and move on.
Signing two distribution deals in recent times surely dispels your claims. If there was no interest they would not sign. They only sign these deals if they know they can make money.
Just a little bit more patience required.
Still nothing on the market that is selling or trialing like it.
It’s a one-touch card. The previous prototype had an on/off button first. This is the one I saw and used.
This automatically turns on when it reads your fingerprint.
Nothing else Like it.......
Another release, more details about the one-touch card. Must be building to something special now. New card looks and sounds terrific. Nothing else like it!
These press releases are to draw attention to our new product. some may finds it pointless but people in the industry take notice.
enjoy the read.
https://globenewswire.com/news-release/2018/03/23/1449628/0/en/A-Smart-Biometric-Credit-Card-by-SmartMetric-to-Safeguard-Consumers-and-Banks-Your-Fingerprint-Locks-and-Unlocks-Your-Credit-Card-and-Can-be-Used-at-Standard-Retail-Credit-Card-Rea.html
SmartMetric Biometric Card, Simply Best Biometric Card Option For Credit and Debit Card Issuers................ wont't be long!
https://globenewswire.com/news-release/2018/03/07/1417886/0/en/SmartMetric-Biometric-Card-Simply-Best-Biometric-Card-Option-For-Credit-and-Debit-Card-Issuers.html
Nice brief thanks OBP but I think you will find that Smartmetric are making the circuit board of the card and the distributors will be doing the lamination.
The 8K just got released. Shows details of the new agreement. minimum 1,000 cards within six months.
Companies like this do not enter agreements unless they know they will make a targeted amount of money. They would already have deals lined up.
Getting very interesting now.
This deal is only for South America...... that is their area of expertise.
Protec has USA they have South America...
Small steps but very positive.
These companies DO NOT enter these agreements unless they know they will make a certain amount of money. Customer Surveys and Due diligence are completed way before these deals are even close to being announced.
This is massive....
https://finance.yahoo.com/news/smartmetric-says-30-consumers-notified-194836738.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZAM4YzVkOHZwZDdzYjRzBGcDZFhWcFpEeHVjejQzTkRoaE5tSmxOQzAwWlRVMUxUTTBNamN0T1RWbU1DMDVPVGd6WXpNME5USm1aaloxZFdsa1BHNXpQbE5OVFVVPQ0KBGxhbmcDZW4tQVUEb3JpZ19sYW5nA2VuLUFVBG9yaWdfcmVnaW9uA0FVBHBvcwMwBHJlZ2lvbgNBVQRzeW1ib2wDU01NRQ--?.tsrc=applewf
Just cheap publicity and more awareness but an interesting read.
OK, I take it that you couldn’t find any then.
This industry is developing and we seem to have the best product.
Chaya has signed a distribution deal and the next step will be for a trial with any of the credit card companies.
I’m prepared to allow her more time to achieve this.
well KR, if think that is correct than please name the card that matches the criteria and where we can buy it!
Mastercard sets its mandate for a Biometric Card. read article below.
This move means banks offering Mastercard solutions must be able to offer biometric authentication for remote transactions, alongside existing PIN and password verification. It will also apply to all contactless transactions made at terminals with a mobile device.
https://www.verdict.co.uk/cards-international/news/biometrics-mastercard-2019/
We were not saying thIS trial was our card.
We noted that Visa were supposedly extending the trial with other partners. We are saying that SMME may well be part of the NEXT trail. This is all speculation but it would be terrific for us if it was. Particularly, as the SMME card is allegedly more superior.
I will be watching closely any further Visa related articles on biometrics.
Well you may remember, Chaya had stated a few years ago that feedback from the market was that the card should have a green and red light. This delayed the production of the card as they re-configured the circuit board.
it will be interesting to see how the Visa/SMME relationship develops from here.
I like this line below.
"In the meantime, Visa says that it has plans to expand their biometric technology to more partners in the future."
Maybe SMME is to be part of separate trial, why else would Chaya be quoted in this article?
In response to recent announcement of a competitors card.
https://globenewswire.com/news-release/2018/01/16/1290052/0/en/SmartMetric-Sees-2018-as-the-Year-of-the-Biometric-Credit-Card.html
Chaya Hendrick added, unlike the credit card announced the other day, our card has a built in rechargeable battery that allows the card to scan and match the card holders fingerprint instantly “prior” the cards insertion into a card reader. We decided a long time ago that the card had to operate prior to insertion into a reader so as to work with not only all Point Of Sale retail card readers but importantly, ATM’s as well. A card without a stand alone power source that operates before the card is inserted into a reader will of course not work in ATM’s since the vast majority of ATM’s swallow cards inside the machine and thereby does not allow the card to draw power from the machine to perform a fingerprint scan. From our dealings with Banks around the World we know of no serious large card issuer that is willing to issue a card that does not work in all card readers including ATM’s.”
A new release following a study done by TSYS.
http://www.smartmetric.com/media-releases
Notice any interested parties are directed to Protec.
Planet Biometrics
SmartMetric, a developer of biometric credit and access cards has entered into an agreement with Protec Secure Card(“PSC”) headquartered in New Jersey.
The agreement appoints PSC as the National Distributor for SmartMetric's Biometric Security Cards within the USA.
SmartMetric has created a miniature biometric fingerprint scanner that fits inside credit cards and security cards providing high level biometric security for chip based credit cards, enterprise and government cyber security and access control cards.
The intellectual property of the SmartMetric biometric card is protected by five (5) recently “issued” patents.
PSC is an established Visa, MasterCard and Discover certified credit card manufacturer that specializes in advanced high-quality credit card production for card issuing Banks in the United States along with Central and Latin America.
And there it is my friends! Just the beginning but we are away.
New video presentation just released. Check the website or you tube.
https://globenewswire.com/news-release/2017/11/22/1205228/0/en/SmartMetric-Biometric-Cards-To-Secure-Against-Fraud-Last-Year-16-Billion-Was-Stolen-By-Fraudsters-In-the-United-States.html
“We are seeing a lot of interest from both the security sector as well as the banking sector. We have now turned a corner particularly in the Banking industry where it is being acknowledged that the SmartMetric biometric card technology pioneered by SmartMetric, is the next logical step in providing stronger payments card security, Chaya Hendrick said.”
Same article,,, April 20th! Where’s the card been for 7 months. Lol. It wasn’t at 20/20.... no one is using it. Keep trying.
Fake news. Dated April 20. Where's the card then? As if it would be released on dailydot if they did LOL.
https://www.theurbandeveloper.com/bill-gates-invests-80m-build-smart-city-arizona/
Seems like a great place for a biometric security card.
http://www.businessinsider.com/apple-pay-adoption-underwhelming-goldman-sachs-2017-8
Proves my point that electronic wallets are a back-up plan and won't eliminate a card.
It's like Christmas eve....
Of course Mark was stockmedic I had stated that years ago. Still many pushed this stock either with blinkers on or were part of the scam.
Think about those that pretended to support stockmedic and proudly stated they were buyers above $1 to mislead others.
Another interesting article on payment companies moving towards biometrics. This time it's VISA.
http://www.news.com.au/finance/business/banking/visa-paves-way-for-biometric-payments/news-story/852e3a603334f2735d90f421da78cd34
suggest doing your DD and watch the video!
The card is brand new with added features that were requested by the banks.
Check it out! Taken from the snartmetric website.