SmartMetric, a biometric identification company, has added the Advantis payments EMV chip onto its biometric credit and debit card, according to a company press release.
«We are excited about our adoption of the Advantis chip and operating system into our advanced biometric-secured credit and debit card which is allowing our biometric card solution to be issued by some of the world’s largest banking groups throughout the world,» Chaya Hendrick, president and CEO of SmartMetric said in the release.
The Las Vegas-based company is one of several firms that has been working to develop biometric payment card technology that allows cardholders to confirm transactions with a fingerprint scan.
According to the company, the card user touches a square sensor on the card's surface, and in less than 0.25 seconds the card's internal fingerprint scanner reads the user's fingerprint. If the fingerprint matches, the card is immediately turned on.
Source: ATM Marketplace