Latest Mobile Commerce Apps Are Undeniably the Future of Retail & Shopping as Consumers Become More Familiar with Mobile Payment Applications

CORAL SPRINGS, Florida, September 2, 2015 /PRNewswire/ --

The mCommerce Market continues to experience growth as today there is a much broader range of mobile payment solutions available for consumers for convenient and safe payment processing.  mCommerce Companies in with latest advancements and happenings in the sector of note are NXT-ID, Inc. (NASDAQ:NXTD), Groupon, Inc. (NASDAQ: GRPN), Intuit Inc. (NASDAQ: INTU), PayPal Holdings Inc. (NASDAQ: PYPL) and Apple Inc. (NASDAQ: AAPL)

NXT-ID, Inc. (NASDAQ:NXTD), a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket® smart wallet, announces that it has released the first version of its My Wocket® app to enable software updates.  This app supports iOS and Android and, in the near future, Windows and OSX. My Wocket enables remote software updates to NXT-ID's Wocket and Wocket Card devices.   "This is the first of several applications and updates that we will be sending to our customers to add new features and improve performance," says David Tunnell, Chief Technology Officer of NXT-ID.  "This first app allows our customers to remotely update the Wocket and Wocket Card software as customers provide feedback.  This first software update includes bug fixes, adds more data for loyalty and gift cards, and improves performance at point-of-sale systems.  We will continue to improve Wocket, Wocket Card and our My Wocket apps with updates that will include card management, Voicematch® training for our voice biometric verification, and autofill to automate passwords and on-line purchases."

Read the full NXTD Press Release at http://www.financialnewsmedia.com/profiles/nxtd.html

Gino Pereira, Chief Executive Officer adds, "This app demonstrates our ability to securely update Wocket and Wocket Cards so that our customers can always have the best possible experience as we continue to improve Wocket.  We wish to thank our customers who have helped us with invaluable feedback to improve Wocket performance, and make Wocket the smartest and most secure wallet available today."  Wocket® is a smart wallet designed to protect your identity and replace all the cards in your wallet. Wocket works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode.  See the full Wocket® details at: http://wocketwallet.com/

Additional mobile commerce events:  Mobile payment solutions aren't new, but they've only recently taken hold of the imagination of the mainstream market. In 2015, Forbes referenced a NerdWallet study to put together their list of best mobile payment systems by analyzing a few different platforms and payment options.  NerdWallet included Breadcrumb by Groupon (NASDAQ: GRPN), Intuit (NASDAQ: INTU) GoPayment, PayPal (PYPL), Square & a few others.  Read the full article at http://cloudtweaks.com/2015/08/trends-mobile-payment-apps-progressing/

In other PayPal news:  PayPal Holdings Inc. (NASDAQ: PYPL) released a new PayPal Money Habits Study that sheds new light on people's attitudes and behaviors around money. In a survey of 4,000 consumers in the U.S., Canada, Germany and Australia, the study found that one third of adults in the U.S. have ruined a relationship over IOUs and are owed on average $450. A driving reason is discomfort around financial conversations; more than 50 percent of Americans find it awkward to ask their friends or family to pay them back. The survey also found digital wallets continue to gain popularity with one third of respondents preferring a digital wallet to a real one. Most people dislike dealing with checks (74 percent), and while cash is still king, mobile payments are on the rise with peer-to-peer (P2P) payments increasingly popular for IOUs.

Apple (NASDAQ: AAPL) revealed that it entered into a new partnership for its Apple Pay mobile payments system with PayAnywhere, a credit card reader that is currently being used by over 300,000 locations all over the United States.  As part of the agreed upon partnership, Apple will exclusively be selling the latest version of the PayAnywhere Mobile Reader in Apple Stores starting next month, with the device to be sold at a price of $39.95.

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