SmartMetric Inc (SMME): Dave, it may be to late. Seems that the...

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Re: DCorleone post# 9282

Saturday, 05/07/2016 4:57:04 PM

Saturday, May 07, 2016 4:57:04 PM

Dave, it may be to late. Seems that the banks and card issuers really want the consumers to get away from the actual cards and use their smart-devices "pay" systems instead, because those devices only provides a "token" for a particular transaction. Seems much more secure than a chip card thats activated biometrically. Plus, most of the 'fraud" happens online, where the biometrics would be worthless.

https://www.yahoo.com/finance/news/chip-card-change-still-faces-nagging-holdups-192405343.html

Too bad too. it was a god idea, 10 years ago.

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