SmartMetric presented the world’s first practical, affordable and fool-proof smart payment card with onboard fingerprint scanner.

No more ID theft, keystroke logging software, “shoulder surfing” and other forms of personal security breaches.

SmartMetric solution is a powerful, yet simple and eliminates the need for manual data entry in all kinds of Web-based financial transactions. Yet its security cannot be circumvented by any conventional means.

The user simply slides the card through a USB card reader and then touches a fingerprint scanner embedded into the card’s surface. The card automatically matches the impression with the digital fingerprint signature stored on the card. Once the identity of the user is established, payment is authorized.

“With this technology, any kind of online transaction — product purchases, funds transfers, bill payment authorizations and more — can be handled with total security,” said Colin Hendrick, president and CEO of SmartMetric, Inc. “Credit card or debit card numbers needn’t ever be revealed online again. We believe our technology to be the ultimate solution for safe, assured financial authorizations.”

In recent months, SmartMetric has gained attention for its technology from financial institutions, corporations, even the federal government. The company’s breakthrough wallet-sized device is similar in size and thickness to a conventional credit card; on the card, however, is a microchip/sensor unit capable of reading any fingerprint, even ones that are dirty or calloused.

By touching the card’s sensor, a digital signature of the fingerprint is permanently stored on the card. Each time the card is to be used, the person activates the card by touching the sensor. Readings are 99.999% accurate.