SmartMetric, Inc. (OTCQB Stock Symbol SMME) SmartMetric partners with RedSys

SmartMetric, Inc. (OTCQB Stock Symbol SMME) SmartMetric partners with RedSys as SMME is now listed as a PARTNER on the ADVANTIS web site under card manufacturer:

https://www.advantis.es/en/partners/

SmartMetric, Inc. (OTCQB: SMME) entered into a manufacturing agreement with ServiRed to incorporate the Advantis EMV Chip and Chip Card Operating System into the SmartMetric biometric fingerprint activated credit cards. 

Following the signing of the agreement with ServiRed, RedSys, with the Advantis chip, operating system technology and business unit was acquired from ServiRed through company succession.  Some of the largest Global Banks are shareholders of RedSys and use the Advantis Chip & Operating system on their credit and debit cards. The original license agreement between SmartMetric and ServiRed has SMME making a joint biometric credit card using the Advantis Chip & Operating System, assigned to RedSys who is now the legal entity that owns the Advantis business unit.  http://www.redsys.es/en/index.html

We know the agreement with Advantis exists as they PR’ed it:

SmartMetric announces agreement with RedSys to manufacture biometric financial cards with the EMV Advantis chip.

https://www.businesswire.com/news/home/20190205005887/en/SmartMetric-Announces-Agreement-ServiRed-Manufacture-SmartMetric-Biometric

We know ADVANTIS works with over 500 banking organizations worldwide with over 1.4 Billion cards including the ADVANTIS chip and operating system issued to clients such as HSBC, Santander, BBVA and many others globally: https://www.advantis.es/en/clientes/

According to Goode Intelligence research, an independent, respected industry research company founded by Alan Goode in 2007 and headquartered in London, consumers would like to use cards in contactless mode for higher value transactions. Biometric payment cards offer improved security by removing the PIN while allowing frictionless payments for higher value transactions. Goode believes there is a significant market for biometric cards and forecasts over 579 Million BIOMETRIC cards will be in use worldwide by 2023, over 500 Million! This is a staggering forecast for a company like SmartMetric (SMME) that could gain 50% market share due to its superior product in this space all while being the leading biometric card manufacturer. That is 250 Million cards in a mere 4 Years which would equate to $12.5 Billion in sales……$12.5 Billion! No other company has a Biometric card that is self-powered and works in all credit and debit card readers.

Goode intelligence specializes in digital identity, authentication and biometric technology across a wide range of vertical sectors and provides quality advice to global decision makers in business and technology.

https://www.goodeintelligence.com/press-releases/goode-intelligence-forecasts-that-almost-579-million-biometric-payment-cards-will-be-in-use-around-the-world-by-2023-to-enable-frictionless-customer-authentication-for-higher-value-contactless-card-tr/

There should be no question of will this happen based on everything that has been made public, but when? To implement this with all the banks and integrate it into their technology we estimate 2 - 6 Months. Considering we are into this agreement already SmartMetric (SMME) and the ADVANTIS worldwide marketing team is presenting the SmartMetric biometric card now to their associated banks, SmartMetric should be ringing the register soon and well into the future!

(Forecasts, figures of future sales and earnings are not guaranteed and each person should use their own judgment and discretion prior to making any investment – this is not a solicitation or offer to invest in any company or SmartMetric securities)