CORAL SPRINGS, Florida, March 18, 2015 /PRNewswire/ --
As mobile payments become more prevalent amongst consumers as well as businesses, new revolutionary smart wallets and apps continue to be introduced into the market place at a rapid pace. Companies currently entrenched in the mobile payment industry in focus today are: NXT-ID, Inc. (NASDAQ: NXTD), Alibaba Group Holding Ltd. (NYSE: BABA), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG) and Facebook Inc. (NASDAQ: FB)
NXT-ID, Inc. (NASDAQ: NXTD) and (NXTDW), a biometric authentication company focused on the growing mobile commerce market, announces it has shipped Wocket smart wallets this week. "We will be shipping a limited number of Wockets to early access pre-order customers over the next few weeks in preparation of fulfilling all pre-orders," said Gino Pereira, Chief Executive Officer of NXT-ID. "We will incorporate early access customer feedback from these shipments into Wockets we will ship to all pre-paid customers this spring to ensure a positive experience for all of our early adopters."
Read the full NXTD Press Release at: http://www.financialnewsmedia.com/profiles/nxtd.html
Mr. Pereira from NXTD went on to say, "We are extremely excited to see the Wocket evolving into the revolutionary payment and smart wallet technology we envisioned at inception. This shipment marks the introduction of a new era in smart, privacy-centric products, and represents a major milestone in establishing Wocket as the smart wallet of the future."
Wocket is a smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone or cloud required. 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, and virtually any other card can be protected on Wocket. Order your Wocket by invitation at http://www.wocketwallet.com
In additional mobile payment technology news and happenings: This week, Alibaba (NYSE: BABA) founder Jack Ma spoke at the CeBit conference in Hanover, Germany and demonstrated a new service called "Smile to Pay" that would give consumers a password-free way to shop online. The service would allow users to make a purchase from their mobile phone, then require them to snap a selfie to authenticate the purchase using Alibaba's facial recognition technology.
Like electric cars and smartwatches, mobile payments are all the rage in the technology world these days. Although the technology is by no means new, tech giant Apple's (NASDAQ: AAPL) rollout of Apple Pay last year ignited an arms race in the mobile payments space as only Apple's entry into a market can.
As a result, we've seen a flurry of movement on the mobile payment front from other serious tech giant players, most notably Google (NASDAQ: GOOG) and Samsung (SSNLF). So, which of these recently launched mobile payments systems can challenge Apple Pay? Let's find out.
Google Wallet gets an upgrade - Google originally launched Google Wallet in 2011 to much fanfare but frustratingly scant adoption. However, late last month, Google fundamentally changed the game for Google Wallet when it struck a deal with Softcard... Read the full article at http://www.fool.com/investing/general/2015/03/14/samsung-pay-vs-google-wallet-vs-apple-pay-drawing.aspx
Facebook's (NASDAQ: FB) Messenger app will soon let you send your friends money, the latest in a crowded field of services aimed at an increasingly wireless and cashless generation. Services including PayPal (NASDAQ: EBAY), its Venmo unit and the disappearing-photo app Snapchat let you beam money to friends and family using smartphones linked to bank accounts or credit cards. Facebook's entry, announced Tuesday, is free, works with debit cards and is available on Apple and Android mobile devices and on desktop computers. Read the full announcement at http://finance.yahoo.com/news/latest-way-pay-someone-phone-203934042.html
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