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Mobile Payment Market Projected to be a Trillion Dollar Industry by 2017 Driven by Smart Wallets & Smartphone Payment Apps - Company Launches Massive Marketing Initiative


News provided by

FN Media Group LLC

Aug 19, 2015, 08:30 ET

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CORAL SPRINGS, Florida, August 19, 2015 /PRNewswire/ --

As the mobile payment industry continues to adapt and evolve, and smartphone giant Samsung prepares to launch its new mobile payment services, consumers warming up to the idea of leaving their wallet at home limiting the use of their credit cards.  Mobile Payment Industry tech leaders with recent news and developments of note are NXT-ID, Inc. (NASDAQ: NXTD), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG) and PayPal Holdings (NASDAQ: PYPL).

NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket® smart wallet, announces its new sales campaign for Q4 2015. The new marketing campaign is being spearheaded by an award winning marketing team consisting of Amplitude Marketing Group (http://amplitudemarketing.com/) and TPMG (http://tmpg.com/).  Amplitude Marketing Group is a full service marketing agency specializing in Branding and Identity, Retail-Driven Marketing, Brand Experiences, and creative/design services. Their client list includes PepsiCo (NYSE: PEP), Pure Leaf, Lipton, Subsidiary of Unilever (NYSE: UN), Blount Fine Foods, PRAI Beauty and Schick/Edgewell Personal Care - Subsidiary of Edgewell Personal Care (NYSE: EPC).

Read the full NXTD marketing announcement press release at http://www.financialnewsmedia.com/profiles/nxtd.html

TPMG is a multi-award winning marketing agency that has launched campaigns for companies including Harley-Davidson, Dish and Oscar Mayer.  The marketing and brand awareness campaign for Wocket will kick off the week of August 17th and run through the holiday retail sales season and follow into January 2016 with the annual Consumer Electronics Show (CES) Gino Pereira, Chief Executive Officer of Nxt-ID. Inc. said, "Having shipped initial quantities of Wocket and refined our production and supply chain, we are gearing up for the holiday season. We have retained some of the best marketing talent in the industry to brand Wocket as" the smartest wallet you will ever own" and to spread broad awareness about the product. Getting the right message to the right consumers is imperative."  Get more information at the http://www.wocketwallet.com  website or on Twitter hashtag: #wocket and @WocketWallet

Checking in on other mobile payment service developments of note:  In a recent article on Investors Business Daily (investors.com), Samsung's new mobile payments system could spur greater adoption of mobile payments than what rivals Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOGL) have been able to achieve thus far, Moody's Investors Service said Monday.

Samsung is launching its e-wallet service, Samsung Pay, on Thursday in its home market of South Korea. It will debut in the U.S. on Sept. 28. It also plans to roll out the service in the U.K., Spain and China.

Apple Pay is a mobile payment and digital wallet service by Apple Inc. that lets users make payments using the iPhone 6, iPhone 6 Plus, Apple Watch-compatible devices (iPhone 5 and later models), iPad Air 2 and iPad Mini 3.

Google Wallet now with Android Pay - is an easier way to pay in stores, pay your friends and pay online. - Speed through checkout with Tap and Pay on your Android device- Android Pay is way to pay from your phone. No need for credit cards; just tap your handset against any supported card terminal.

Shell recently enabled a new pay at the pump system in the UK in partnership with PayPal (NASDAQ: PYPL). Unlike older systems that integrate a card payment terminal, the Fill Up & Go system lets you use PayPal to complete the transaction through your smartphone.  Shell told us that the aim was to speed up the refuelling experience, meaning that you don't have to go to the counter to pay and queue behind those doing their shopping. The advantage of using an app over a card terminal on the pump is that there's no need for major hardware changes.  Source: Pocket-lint.com

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 nine hundred dollars for news coverage of the current press release issued by NXT-ID, Inc.  by the company.  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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