NXT-ID (Nasdaq:
$NXTD) Subsidiary Fit Pay Approved as a Visa (NYSE: $V) Token Service Provider
Qualification
allows for the Implementation of an End-to-End Payment Solution for Device
Manufacturers
MELBOURNE, Florida, June
8, 2017 – (Investorideas.com Newswire) Fit Pay, Inc., a
wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD) and
a provider of payment, credential management, and authentication platform
services, today announced that its Token Service Provider
(TSP) solution has been successfully integrated with the Visa (NYSE:
$V) Token Service. Fit Pay
is now qualified as a Visa TR-TSP
partner through the Visa Ready Program.
About
NXT- ID, Inc.
NXT-ID,
Inc. (NXTD)
is a security technology Company providing security for finance, assets, and
healthcare. The Company's innovative MobileBio® solution mitigates risks
associated with mobile computing, m-commerce, and smart OS-enabled devices.
With extensive experience in biometric identity verification, security and
privacy, encryption and data protection, payments, miniaturization and sensor
technologies, the Company partners with industry leading companies to provide
solutions for modern payment and the Internet of Things ("IoT")
applications. The Company's wholly owned subsidiary, LogicMark, LLC,
manufactures and distributes non-monitored and monitored personal emergency
response systems ("PERS") sold through the United States Department
of Veterans Affairs ("VA"), healthcare durable medical equipment
dealers and distributors and monitored security dealers and distributors. http://www.nxt-id.com.
About Fit Pay, Inc.
A
wholly owned subsidiary of NXT-ID, Fit Pay, Inc.
is led by former CyberSource and Visa executives with more than 50 years of
payment and identity authentication domain expertise. With payment capabilities
enabled by Fit Pay, wearable and IoT device manufacturers can create customer
loyalty, tap into recurring revenue streams, open new markets, and
differentiate their products in an increasingly competitive market. The company
was named a “Startup
of the Year”
for payment technology by industry publication Paybefore. Learn more at www.fit-pay.com,
or on Twitter.
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