Biometrics & Technology Resources Lead to Increased Revenue Generation for e-Commerce, e-Payment Services & Digital Wallets
Global tech solutions for e-commerce and m-commerce platforms become more consumer oriented as the top NASDAQ & NYSE Companies race to introduce latest improved products and services. Companies in focus today are: NTX-ID, Inc. NXTD, -2.04% Apple Inc. AAPL, -2.62% Alibaba Group Holding Limited BABA, -1.57% and GoPro Inc. GPRO, -1.00%
NXT-ID, Inc. NXTD, -2.04% a biometric authentication company focused on the growing mobile commerce market, issues the following marketing update for the Wocket(TM) smart wallet. The Company will be increasing its tactical and strategic marketing plans to spread consumer awareness as well as introduce Wocket and Wocket number encryption to financial institutions that issue credit and debit cards. The Company also intends to start a merchant education program about the many convenient and secure features of Wocket.
Read the full NXTD release at: financialnewsmedia.com/nxtd
The Company will be exhibiting at the upcoming 2015 International CES (Consumer Electronics Show(R)), the world’s gathering place for all who thrive on the business of consumer technologies, to be held in Las Vegas, January 6-9, 2015. “CES has long been recognized as the showcase for the best innovations in electronics,” said Gino Pereira, CEO of NXT-ID. “It will be a fitting coming out party for Wocket!” The Company has also resumed full national coverage of its 30 second ads on CNBC to commence starting September 29th. The ads will air on Squawk Box, Fast Money and Mad Money.
In other e-Payment and e-Commerce News:
Apple Pay could bring in anywhere from $300 million to $700 million in U.S. revenue in three to four years, depending on how fast Apple’s AAPL, -2.62% share of credit-card transactions done with mobile phones grows, analysts say. Speculation over Apple’s revenue generation from Apple Pay has continued since the iPhone 6 launch earlier this month.
Apple’s push into mobile e-payments isn’t expected to power earnings growth, but Apple Pay could prompt more consumers to use mobile digital wallets. Banks, not retailers, will pay Apple. Apple Pay supports credit and debit cards from the three major payment networks: American Express AXP, -0.51% MasterCard MA, -1.64% and Visa V, -0.83%
According to one report, Apple stands to garner 15 cents for each $100 in transactions. It may negotiate better rates from smaller financial companies, analysts say.
Alibaba Group Holding Limited’s BABA, -1.57% initial public offering was the world’s largest, raising an estimated $25 billion and netting underwriters more than $300 million. With overwhelming demand for the shares, the stock surged nearly 40% in its trading debut on Friday, signaling renewed investor appetite in Internet stocks and renewed confidence in China’s troubled equity market. Yahoo! Inc. YHOO, -2.03% could become a big winner if Alibaba’s stock continues to see success. As an early financier of Alibaba, the company owns some 401 million shares in the Chinese e-commerce giant. Yahoo has already sold 27 million shares during Alibaba’s IPO – netting it $7 billion in cash – but investors are now wondering what the plan is for the rest of the stockpile.
Read more here: finance.yahoo.com/alibaba-brings-internet-sector-back
GoPro Inc. GPRO, -1.00% develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing, and enjoying engaging content. The company offers HERO line of cameras; premium accessories, including battery BacPac, Wi-Fi remote, and LCD touch BacPac accessories; and mounts comprising equipment-based mounts, such as helmet, handlebar, roll bar, and tripod mounts that enable consumers to capture content while engaged in a range of activities, as well as mounts that enable customers to wear the mount on their bodies consisting of wrist housings, chest harnesses, and head straps. The company also offers other accessories that include spare batteries, charging accessories, cables to connect its GoPro cameras to televisions and monitors, video transmitters, external microphones, flotation devices, dive filters, and anti-fogging solutions, as well as accessories for the Wi-Fi remotes. On Wednesday, GPRO closed up 7.66% on over 11.6 million shares traded.
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