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Credit Card With Fingerprint Reader to Secure Online Buying From ID Theft & Fraud
The World's First and Only Biometric Reader the Size of a Credit Card; Now a Safer Way to Buy Online; Only You Can Unlock Your Information
| Source: SmartMetric, Inc.
SURFSIDE, FL -- (MARKET WIRE) -- May 10, 2007 -- SmartMetric, Inc. (PINKSHEETS : SMME ), a
manufacturer and marketer of tamper-proof identity cards, has introduced
the world's first credit card with a built-in fingerprint reader that only
allows the owner of the credit card to use it. The President of
SmartMetric, Mr. Colin Hendrick, speaking from SmartMetric's research and
development center in Surfside, FL, said, "The SmartMetric Fingerprint
activated credit card will protect online users against identity theft
while at the same time reducing charge backs and credit card fraud losses
for online merchants."
An online buyer's identity is stored inside the card with very high level
encryption. Billing and shipping address, credit card number, etc are all
encrypted and stored inside the consumer's biometric card. When a person
now wants to make a secure purchase online all they have to do is touch the
fingerprint sensor on the card's surface and the user's information is then
sent encrypted from the card over the internet to the online site.
Instantaneously the information is de-encrypted at the trusted online site
with the checkout fields such as name and address, credit card number and
expiration date filled in automatically. The company says, "This will
avoid the buyer's information being stolen by ID thieves. Identity thieves
will no longer be able to steal the person's information as they type it in
and it is much safer than having the user's information stored in some
electronic wallet on a remote central computer that can be hacked."
The online merchants stand to save $100s of millions in fraud since only
the owner of the SmartMetric card can use it.
Rather then spending money each year for anti ID theft software or paying
for services to let a consumer know that their identity has been stolen,
SmartMetric will be offering the consumer for a one-time outlay of under
$70.00, its state-of-the-art biometric identity card along with a card
adaptor for use with any computer.
For additional information on SmartMetric, Inc. and its embedded
fingerprint biometric technology, visit www.smartmetric.com.