SmartMetric, maker of biometric credit cards, is pleased to announce that testing of its product on a major global credit card network has been streamlined for what is expected in the final round of approvals and other news.

Published by
Peter Kavinsky

NEW YORK-(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): Bringing a unique and novel new card into the world of credit cards is a complex process that requires product approval in order for it to work on the global payment network that interacts with the store. card readers and ATMs for credit and debit cards.

SmartMetric has partnered with one of the largest of the top three global payment networks in the SmartMetric approval process. Understandably, this has been a long process as our card with built-in biometric fingerprint scanning goes beyond the normal cards approved by the network for card makers.

“We are pleased to announce that we are now in the final process where our card is only now to be validated against the card body itself, and no further evaluation of its biometric functionality is now required,” said SmartMetric President and CEO Chaya. Hendrik.

“As a company, we are very pleased with the supportive relationship we have had with this major credit card network and are excited to move to the last step of getting our card approved for use in their network,” he said. Chaya Hendrik.

Now that SmartMetric has received approval to ship its card, which is expected to be the final step in the network’s approval process, the company can now complete production of its card. So far, there has been a lot of debate about which EMV payment chip we could use on our card, but thankfully this has now been resolved, giving us the ability to complete our production in line with the credit card network.

All SmartMetric components are already on the electronics assembler and in a couple of weeks our card will be submitted for final testing. This test is intended to test the card body itself, which is separate from its biometric electronic function. The last and fastest process that at the end of the day will allow SmartMetric to release the final approved card to issuing banks around the world.

The SmartMetric Biometric Embedded Security System uses cardholder fingerprint biometrics to identify the cardholder and enable the card when it is inserted into a card reader or ATM. The sensor is at the top of the card and the user simply touches it when they reach out to insert the card into the reader. In less than a second, the cardholder’s fingerprint is scanned and matched against the fingerprint previously stored on the card, which in turn activates the card for a transaction.

SmartMetric is the only U.S.-based biometric credit card company and has the current manufacturing facility to supply more than one million cards per month to U.S. card-issuing banks.

The SmartMetric biometric card targets the multi-billion dollar existing chip-based credit and debit card market. Numbers published by EMVCo show that by the end of 2020, 10.8 billion EMV® chip cards were issued by financial institutions and were in global circulation – a significant increase of nearly 1 billion credit and debit EMVs.® cards compared to the previous twelve months.

To view the SmartMetric Biometric Card, please follow this link – SmartMetric Biometric Card Video. To view the company’s website:


10 Billion and Growing: What Latest EMV® Chip Data Means for Global Payments – EMVCo

Please note: EMV is a registered trademark of EMVCo.

Safe Harbor Statement: Forward-looking statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements also comply with 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 in these forward-looking statements. In some cases, you may identify forward-looking statements using words such as “may”, “could”, “expect”, “intend”, “plan”, “strive”, “foresee”, “believe”, “estimate” , “predict”, “potentially”, “continue”, “probably”, “will”, “will be” and variants of these terms and similar expressions or the negation of these terms or similar expressions. Such forward-looking statements are necessarily based on estimates and assumptions which, while we and our management believe are reasonable, are inherently uncertain. Factors that could cause actual results to differ materially from current expectations include, but are not limited to, our lack of access to the capital necessary to finance current operations or realize our growth plans; changes in the competitive environment in our industry and in the markets in which we operate; our ability to access capital markets; and other risks discussed in the Company’s filings with the US Securities and Exchange Commission, including our Form 10-K Annual Report, which is available from the SEC. We caution you not to place undue reliance on any forward-looking statements made as of the date of this press release. We undertake no obligation to publicly update any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting the forward-looking statements, except as required by applicable law. If we update one or more forward-looking statements, it should not be assumed that we will be making further updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and review each of SmartMetric Inc. public filings. to the SEC, including, but not limited to, where applicable, Form 10-K Annual Reports, Proxy Statements, Form 8-K Current Reports, and Form 10-Q Quarterly Reports.

Today Latest News Update

I have tried to give all kinds of news to all of you. latest news today 2022 through this website and you will love all this news very much because all the news that we always report in this news is always there. This is a hot topic, and whatever the latest news

we have always tried to contact you so that you continue to receive Electricity News, Graduation News, Donation News, Bitcoin News, Trade News, Real Estate News, Gaming News, Breaking News, Digital Marketing, Telecommunications News, Beauty News, Banking News, Travel News, Health News, Cryptocurrency news, claims news latest news and you will always get news information through us for free and also tell people. Specify that any information relating to other types of news will be

News live today

All these news that I made and shared for you people, you will like it very much, and in them we continue to offer topics for you people, like every time, so that you continue to receive news information, such as popular topics, and you. Our goal is to be able to receive

all kinds of news without passing through us, so that we can bring you the latest and greatest news for free, so that you can move on, getting informed about this news with you. In the future, we will continue

give information about more world news update today Types of breaking news through the posts on our website so that you always get ahead in this news and whatever information is there, it will definitely be passed on to you people.

World news today

All this news that I brought you or will be the most different and best news that you people will not receive anywhere, along with information Breaking News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News out of this, available to all of you, so that you are always in touch with the news, be ahead in this matter and continue to receive today’s news all types of news for free until today so you can get news while getting it. Always take two steps forward

Credit goes to a news site – This is the original content owner’s news website. This is not my content so if you want to read the original content you can follow the links below.

Get original links here🡽

Peter Kavinsky

Peter Kavinsky is the Executive Editor at

Recent Posts

  • News

Henry Cejudo predicts how cross-promotion fight between Alexander Volkanovski and Patricio Pitbull will go

Click Here to Watch this Event Live Online for Free! Henry Cejudo has weighed in…

58 seconds ago
  • News

Lyman, Chersonsk and Luhansk region. Ukrainians make progress, analysts say St

<!----> In the eastern region of Kharkov, the Ukrainian army can advance from Kuyansk to…

2 mins ago
  • News

How a cyberattack triggers several pieces of cybersecurity insurance | Woodruff Sawyer and other news

Below you will find an example scenario demonstrating which parts of cyber insurance coverage could…

6 mins ago
  • News

Intruders hit Kramatorsk’s private sector, two injured

At night, Russian troops fired missiles at Kramatorsk, and two people are known to have…

7 mins ago
  • News

Don’t wipe your feet on the generals

Photo: Donat Sorokin/TASSThe head of Chechnya, Ramzan Kadyrov, accused the hero of Russia, Colonel General…

11 mins ago
  • News

The Council of Ministers approved the budgets for 2023

Madrid (EFE) - The Council of Ministers will today approve the overall state budget for…

12 mins ago