Submit News All Crypto News

NXT-ID (Nasdaq: $NXTD) Subsidiary Fit Pay Now Taking Pre-Orders for FlipTM a Contactless Payment Device for Cryptocurrencies

Category: General


NXT-ID (Nasdaq: $NXTD) Subsidiary Fit Pay Now Taking Pre-Orders for FlipTM a Contactless Payment Device for Cryptocurrencies

Contactless payment instrument to be funded with value exchanged from cryptocurrency

MELBOURNE, Florida, February 22, 2018 (Investorideas.com Newswire) Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced that it is now accepting pre-orders for FlipTM, a new contactless payment device that will enable cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations. The new device, which was announced earlier this month, uses value exchanged from cryptocurrency to make traditional payment transactions. Pre-order Flip at www.FliptoPay.com.

Read this news in full at http://www.investorideas.com/CO/NXT/news/2018/02221FlipPreOrders.asp

Flip represents an exciting expansion of the FitPay Payment Platform by connecting cryptocurrencies to the payment ecosystem, said Michael Orlando, COO of NXT-ID and President of Fit Pay, Inc. We founded Fit Pay to fundamentally change the payment experience, and making contactless payments with cryptocurrency is a big step toward that goal.

Flips near field communication (NFC) antenna allows it to transact payments at any retail point of sale location that accepts contactless payments. Flip will store a preloaded amount of U.S. dollars that are exchanged from the users existing cryptocurrency account. It includes a digital wallet that allows the user to set how much value they would like their Flip to hold and when they would like it to reload. Flip does not need to be charged. Initially, Flip will accept value exchanged from Bitcoin and will potentially expand to other cryptocurrencies in the future.

Flips coin-shaped form factor and distinctive coloring are definitely attention grabbing, said Orlando. Early adopters who are already into Bitcoin, can now pre-order Flip and be among the first to make a contactless payment with their cryptocurrency.

NXT-IDs expansion into the cryptocurrency space is a natural extension of our leading edge fintech capabilities, said Gino Pereira, CEO of NXT-ID. In addition to helping make crypto currencies more usable on a daily basis we are also pursuing applications for blockchain technology in our core payment and healthcare businesses.

Consumers interested in purchasing Flip can pre-order the device at FliptoPay.com. The retail price for Flip is $29 with standard shipping included. There are account and exchange fees associated with maintaining a Flip digit wallet. Initial deliveries expected in the second quarter of 2018. Customers will only be charged when the product is shipped to them. Flip is currently only available in the United States. For more information, visit FliptoPay.com.


NXT- ID, Inc. and Fit Pay, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, NXT-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures. NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at www.nxt-id.com. NXT-ID Inc. Corporate Contact: info@nxt-id.com. FitPay and the FitPay Payment Platform are trademarks of Fit Pay, Inc.

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Media Contacts:
Chris Orlando
chris@fit-pay.com
1.760.468.7273

D. Van Zant
press@nxt-id.com
1.800.665.0411

Visit this company: nxt-id.com; 3d-id.net; wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Sign up for free news alerts
http://www.investorideas.com/Resources/Newsletter.asp

Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2017 - see details at http://www.investorideas.com/About/News/Clientspecifics.asp




Contact
Chris Orlando
chris@fit-pay.com
1.760.468.7273

D. Van Zant
press@nxt-id.com
1.800.665.0411
Share on Facebook Share on Twitter Share on Whatsapp Share on Reddit


Cryptocoin News RSS


O Som De L C V Aquarius Tanganica
Luck prevailed thanks to a visit to nightclub in the ten days before the tour began, Oakey found and recruited two teenage girls to be his backing vocals. So ladies and gentlemen, have mercy on poor Rod and his ugly face and remember that he at least started out as one of the best rock musicians on

Супер давно искал
+ за пост

технология 6 класс ответы симоненко
} а

Cowrium Pre ICO Sale is Live: 11 Days Left for Up To 50% Bonus
The pre-ICO sale of Cowrium, which started on January 1st, 2020, is still running successfully. The first stage sale will end on the 31st of January and with that, the opportunity to get up to 50% bonus on your CWR coin purchases may also end. If you have decided to buy the CWR (Cowrie) coins, th

baise en bottes
massage sexe annecy site plan sexe gratuit mario sexe porno senior site de rencontre gratuit lille sodomie de beurette compilation porno petite pute japonaise baise fontaine elle baise un taureau site de rencontre pour veuve partouze au resto jeux en ligne porno meilleur site de rencontre foru

Friv
Are you searching for something enjoyable, convenient and complimentary? Friv https://fr-iv.games/ might be a bright idea to keep on your own delighted anywhere. Enable me to call various reasons that you ought to try having a look at Flash games on days when you can simply pass away o

porr fran forr
porr novelle singlar helsingborg porr kvinnor eva malm porr sadist porr kk dejt porr med dildo singlar i halmstad svensk hora porr babes porr unga porr vissla dejting free aloha mom porr porr tonaring dominant porr porr stora brost porr app student porr ratis porr kajsa lotta porr sexig porr por

Pozole Recipe
Red Pork Pozole https://pozole-recipe.com/ soup is my favorite Mexican recipe pass on. It's straightforward, earthy, abundant as well as enjoyable. Pozole is pork or hen-- this recipe requires pork-- and also hominy in a gently zesty guajillo and also ancho chile brew garnished with shredded cabbage

A-Line Wedding Dresses Make You Feel And Look Great
It's rather a very good idea as long as not necessarily too extreme and overstated. Unless you are usually truly impaired, if other individuals can do it, you can, as well, if you put your mind into it.

Women's clothing and accessories from the UK
Women's clothing and accessories from the UK https://fas.st/-8K5a

Contact: daniel@coincrunch.com Submit News RSS