SmartMetric gears to secure mobile payments

BUENOS AIRES, ARGENTINA: SmartMetric, Inc.President and CEO of SmartMetric, Inc., C. Hendrick, said today that SmartMetric, Inc., using its extensive engineering expertise in the miniaturizing of fingerprint scanning electronics, has its eye set on a bringing fingerprint authentication to mobile transactions.

The CEO said that the company is excited by the application of its miniature fingerprint scanning technology to the mobile payments field offering a 100 percent verification and authentication process connected to mobile devices.

"SmartMetric, Inc. believes the biggest issue involving the acceptance and trust of mobile payments is security. The company is of the view that in adding fingerprint verification and authentication to mobile payment transactions will overcome this hurdle to the consumer confidence in mobile transactions and will propel a significant increase in the adoption of mobile devices being used to complete mobile transactions.", the company said in a statment.