EMV Chip Cards Now Exceed 4.7 Billion Issued Globally Says Biometric Chip Card Leader, SmartMetric

NEW YORK, NY--(Marketwired - November 23, 2016) - SmartMetric, Inc. (OTCQB: SMME) -- According to figures released by the banking industry chip card standards body, EMVco, as of the last quarter of 2015, 4.774 billion EMV Chip Cards have been issued by Banks around the world.

This is tremendous growth in chip based cards that are used as the basis for our SmartMetric biometric activated chip cards, said today, SmartMetric's President and CEO, Chaya Hendrick.

The amazing growth in adoption of chip based credit and debit cards around the world shows the foresight of SmartMetric in building into chip cards biometric capability. Chip based cards are fast becoming the global standard for credit and debit cards according to SmartMetric's President.

SmartMetric presented its biometric chip card solution last month at the Money 20/20 conference in Las Vegas. As a result of the conference the company is being approached by card issuing banks from around the world who are interested in having a more secure card with built in biometric protection.

SmartMetric is the creator of the in-the-card fingerprint scanner for chip credit cards. It uses a SmartMetric developed miniature and super thin fully functional fingerprint reader that sits inside the credit card. The biometric reader is used to turn on the card's surface chip following a fingerprint match and prior to being inserted into card readers or ATM's.

The SmartMetric solution overlays biometric protection on top of the new chip card technology now being issued across the United States.

Follow this link to view the SmartMetric biometric card:

SmartMetric Biometric Payments Card --https://youtu.be/zSX59uHoHqU

To view the company website:www.smartmetric.com

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