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Monday, March 30, 2015

NXT-ID (NXTD) Tech Media Alert: Maxim and ComputerWorld Magazines Hi-lite Wocket Smart Wallet Following First Shipment to Consumers

NXT-ID (NXTD) Media Alert: Maxim and ComputerWorld Magazines Hi-lite Wocket Smart Wallet Following First Shipment to Consumers

OXFORD, CT – March 30, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD; NXTDW), a biometric authentication company focused on the growing mobile commerce market, reports on recent media coverage for the Company’s biometric smart wallet, the Wocket™, following its first shipment to early access, pre-order customers.

The Company is also happy to report that it will be in the April 2015 issue of Maxim Magazine (http://www.maxim.com/) in a feature titled “Tool Time. The key to life is simple: work faster, play more. Any gadget that doesn't advance this noble quest has no business in your briefcase. Here, a few that do.”





Media:
ComputerWorld
By Rick Broida
9 Security Gadgets for Mobile Devices

If you use your smartphone or tablet for work, you need to keep your data secure when you’re on the go. We look at nine gadgets that try to keep your important data out of the hands of others.


Careful online shoppers often use temporary, disposable credit-card numbers to protect themselves from identity theft and other dangers. The Wocket brings a similar concept to your pocket, replacing all your existing credit cards with a single card (called the WocketCard) that resets every time you use it. The idea: To provide the most secure wallet you can carry. The Wocket is a pocket-size (3.5 x 2.75 x 0.4 in.) electronic vault that stores all the numbers and other info from your bankcards, as well as from loyalty and membership cards. Whenever you need to actually hand a physical card to, say, a clerk or waiter, you just slip the WocketCard into the Wocket. It only takes a few taps for you to code the card to whatever (Amex, Costco, etc.) you need it to be. And the Wocket wallet itself is biometrically coded to your voice, so there's no risk of compromise if it gets lost or stolen.

Mobile Commerce News
Smart Wallets Puts a Spin on Mobile Payments

Smart wallets begin gaining momentum among mobile consumers
With mobile payments becoming more popular, the need for smart wallets is increasing. These mobile applications are designed to function as digital counterparts to physical wallets or pocketbooks.  They store personal information, such as the data associated with a debit or credit card. They can also store information provided by retailers, like loyalty cards that offer rewards. Smart wallets are, however, more compact and efficient at keeping track of important information.
NXT-ID, a biometric technology company,has announced the launch of its new smart wallet, called Wocket. The wallet is somewhat different than conventional mobile wallets in that it is actually a physical product and not an application. Wocket is designed with security in mind, as well, featuring the ability to protect a users identity and replace all payment cards. The wallet will be accepted anywhere that already accepts credit card transactions, making it a potential competitor for other mobile payments platforms.
Wocket is a new take on the mobile wallet, which could be a boon for NXT-ID. There are many mobile wallets that exist in the mobile payments space, but relatively few of these platforms have yet become popular with consumers. Moreover, these platforms require a smartphone to use, whereas Wocket is a standalone product that can be used by anyone.

MediaPost
mCommerce Daily
MobileShopTalk
By Chuck Martin
Welcome to the World of Gadget Commerce

The concept of mobile commerce, or at least mobile payments, has been relatively straightforward, with various twists.  At the core, a person uses their mobile phone to pay for something, like in a store, by tapping their phone to a check-out terminal or flashing a code on the screen. But increasingly, more things are being used to buy things.
There are other devices being introduced for non-phone payments. The Wocket smart wallet, which just started initial shipping, is essentially a case that comes with a card inside. The card looks and acts like a credit card and once the consumer’s identification is verified via biometrics and PIN number, a tap on the screen is used to select which credit card it becomes. After use,
the card is put back into the wallet and becomes neutral again.

Read more Wocket and NXT-ID Inc. (NXTD, NXTDW) Media Coverage at http://www.investorideas.com/CO/NXT/

Wocket is a 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.

All your credit, debit, loyalty, gift, ID, membership, insurance, tickets, medical information, passwords, coupons, and virtually any other card can be protected on Wocket.

Order your Wocket by invitation at http://www.wocketwallet.com/

About NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW): NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

Contact:
Corporate info: info@nxt-id.com

Investors:

Media:
D. Van Zant
800 665-0411

This Media alert was Published at Investorideas.com

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