SmartMetric Developing Biometric USB Interface for EMV Chip Cards

The biometric credit card maker SmartMetric, has announced plans to develop a miniature chip card connector for recognizing its chip cards for online computer or smartphone purchases.

The company has made it clear that the product would be meeting the new requirements established by the launch of EMV chip and PIN cards in the U.S.

“We know from overseas experience that as the new EMV chip cards are introduced into a market a huge increase in online fraud takes place. By bringing the security of the SmartMetric biometric EMV chip card to the world of online shopping we will provide a safer shopping process for the public and online merchants alike,” commented SmartMetric’s President and CEO, Chaya Hendrick.

The SmartMetric biometric card comes equip with a mini fingerprint scanner that is built inside the card that is used to activate the card’s EMV chip.

There is an estimated 3.4 billion chip cards issued throughout the globe, with the U.S. accounting for 1 billion of all EMV cards. The EMV chip technology is used for its credit and debit cards mainly.

The SmartMetric Biometric Payments Card is interoperable with already in place chip card readers and ATMs. As such, it is able to benefit from the already established global chip card banking.