SmartMetric Inc (SMME)

[SecurityScientist]

Nicrob. You are absolutely correct. I do know how the payments card world works send you have described well what is needed to have the card spit out money from an ATM. SmartMetric has created from what I understand a working card. That is the card functions electronically. It scans your fingerprint and actually turns on the EMV chip. The company has also stated it is going through the licensing and approval process with one of the largest global payments networks. This will allow the card, once all licensing and approvals are finalized, to be issued by this payment networks branded issuing Banks around the world.

I understand that SmartMetric held off attending any earlier shows or exhibitions until it had a card that conforms to industry credit card standards. The exhibition SmartMetric released its card at was a credit and smart card industry show. Experts from within the industry and I mean card manufacturing experts where there. That's propably why Zwipe didn't attend because they don't have a credit card conforming card while SmartMetric did because it does.

I am sure SmartMetric wouldn't have unveiled its card at an exhibition full of experts if it didn't have the goods.

Reading the company report it is great news to finally see the marketing reaching the target market and the level of interest in the company's new high tech card product.

As Chaya said in the show. SmartMetric has taken the power of biometric protection found on today's smartphones to the world of the credit card.