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Smart Technology Consumer's Interest in Mobile Payment Products Grows - Company Secures Deal with Major Airline to Display Advertisements in Flight for its Next Generation Smart Wallet


News provided by

FN Media Group, LLC

Jul 31, 2014, 08:15 ET

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CORAL SPRINGS, Florida, July 31, 2014 /PRNewswire/ --

Biometrics industry sees growth as companies compete to develop unique and innovative smart technologies; companies turn towards digital currency: NXT-ID, Inc. (OTCBB: NXTD), eBay Inc. (NASDAQ: EBAY), Amazon.com Inc. (NASDAQ: AMZN), Facebook Inc. (NASDAQ: FB), Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT)

NXT-ID, Inc., (NXTD: OTCQB) a biometric authentication company focused on the growing m-commerce market, announces a video featuring its next generation smart wallet, Wocket™ will air on American Airlines, in-flight entertainment for the months of October and November.  ExecTV and Travel & Lifestyle TV airs to both first class and business travellers featuring all the latest innovations and information that will affect their business, their travel and their lifestyle. The NXT-ID, Inc. segment will show them how the biometrically secure Wocket Wallet and Wocket card can replace all their credit cards in their wallet and prevent identity theft.  

The company also recently ran CNBC advertisements on Squawk Box and Fast Money Half Time addressing the same theme.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-nxtd.html

Gino Pereira, CEO of NXT-ID said, "Our ongoing marketing campaign to introduce Wocket as the smartest wallet consumers will own is being spread across a variety of platforms from TV, to radio, online, social media and now in-flight venues. Because Wocket is a product for both men and women of all ages that are concerned with identity theft, we have to address a large and varied audience."  Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

According to reports, PayPal is putting eBay Inc. (NASDAQ: EBAY) on its back as it continues to see a high rate of success. In the second quarter, the mobile payment platform added over 4 million accounts, which ultimately led to a 29% growth in payment volume as compared to a year ago. This also set PayPal over 150 million accounts. To read the full report, please click here: http://www.forbes.com/sites/greatspeculations/2014/07/18/paypal-carries-ebays-weight-marketplaces-segment-will-bounce-back-soon/

Also in the digital currency sector, Amazon.com Inc. (NASDAQ: AMZN) recently released a smart wallet of its own, which comes in the form of an application available on the Apple Appstore and Google Play. However, users won't actually be able to make purchases using the app, but rather, will be able to store rewards and gift cards. To read the full story, please click here: http://mashable.com/2014/07/22/amazon-wallet-app/

Facebook Inc. (NASDAQ: FB) is turning more focus towards their new 'buy' button, which is designed to push customers to purchase products from business directly via Facebook. As this focus increases, Facebook is planning on stopping its selling of gift cards on its gifts page. To read the full story, please click here: http://www.smartcompany.com.au/technology/trends/43035-facebook-stops-selling-gifts-to-push-buy-button-for-businesses.html#

In the 'wearables' sector of the budding smart technology industry, two giants in Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT) are going head to head with their respective technologies, the Google Glass and Microsoft's smart headband. Google recently released Glass available to the public for a short amount of time and continues to make improvements as the technology gets closer and closer to widespread availability for the general public. To read the full report on these technologies, please click here: http://www.information-age.com/it-management/strategy-and-innovation/123458296/google-glass-vs-microsofts-smart-headband-battle-wearables

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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