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Re: Latenightmike57 post# 7203

Wednesday, 08/05/2015 3:46:24 PM

Wednesday, August 05, 2015 3:46:24 PM

Post# of 20102
Looks like ZWIPE is way in the lead with a MC contract. I watched its' video, and it seems a very good product that actually may gain some traction. Unfortunately, the way this works in the market is that, VISA always follows MC and then so does AMEX. Instead of announcements with no value, take the $400 the release costs the company and hightail it to AMEX offices because that money is better spent on airfare (thats if SMME's technology is as good or better than ZWIPE) and try to sell them. Unfortunately, ZWIPE uses a sensor whose manufacturer has already sold more than 300 MILLION sensors into the market, SMME sort of claims proprietary fingerprint technology, but I seriously doubt they manufacture the silicon, because that would require a real investment of about $100M to set up that kind of manufacturing.

I would also suggest looking for a CEO with actually biometric market design and sales experience, and there are really only 2 who have the right credentials, but I have no idea how to find them
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