SmartMetric, Inc. recognizing the advanced security features of credit cards with built in biometric recognition technology both Visa2 and MasterCard2 have adopted the use of biometric credit cards over their respective payment networks. As with any new disruptive technology, SmartMetric sees that in the first instance there will be a steady adoption take up and then will see a dramatic S-curve adoption of biometric cards as banks and consumers alike are drawn to the advanced security of credit cards that have inbuilt biometrics. SmartMetric leads the world in biometric credit card technology in having developed a biometric credit card that has an internal rechargeable battery that is used to power the fingerprint scanning of the card user, independent of card reading terminals and ATMs. This allows the SmartMetric biometric card to be used “anywhere and anytime” a card holder wants to use their new biometric card.

Other less advanced cards have begun trials in Europe that are not self-powered. This is a huge disadvantage over the SmartMetric card as a non-powered biometric card will not work at a lot of gas stations, ATMs and restaurants that process the credit card charging away from the table. The advanced SmartMetric biometric card has many other features, not least is its hardware-based detection of a live finger.

This provides the card with added security against fake fingerprint replicas, making the SmartMetric biometric card the most secure card developed.