NXT-ID Releases New Wocket Smart Wallet Video; Testing Underway In Florida as Wocket Prepares to Ship to Consumers


NXT-ID Releases New Wocket Smart Wallet Video; Testing Underway In Florida as Wocket Prepares to Ship to Consumers

OXFORD, Conn., March 11, 2015 /PRNewswire/

aefa4-10949013_419287781591790_1147837425_nNXT-ID, Inc. (NASDAQ:NXTD and NXTDW), a biometric authentication company focused on the growing mobile commerce market, releases a new Wocket smart wallet video featuring David Tunnell, Chief Technology Officer of NXT-ID. Set in the manufacturing facility in Florida, David explains the benefits and features of the Wocket, currently undergoing testing and being shipped to consumers this spring.

As new competition enters the secure payment and mobile payment technology market, David explains, “A big difference between Wocket and other approaches, is that it stands alone, not dependent on any other device or network where hackers frequently attack. Your private data belongs to you and only you, and no one can access it but you, with multi-factor authentication that proves you are who you say you are.”

Mr. Tunnell also goes on to say,” One thing that makes our card different is that you can lose it. Unlike other approaches, we make our smart card purposefully blank by forcing it to erase itself after a successful swipe, or after 5 minutes in case the card never gets swiped. So you never need to worry about your card being stolen.”

He also tells consumers, “Wockets are being built here in central Florida and we are on schedule to deliver Wockets this spring as we complete our testing.  Our magnetic stripe and bar code works at every point of sale system we have tested so far.”

Video Link:  Wocket Update From Chief Technology Officer

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.

See the Wocket FAQ at: WocketWallet.com

About NXT- ID Inc. – Mobile Security for a Mobile World:

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/

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For more information: prnewswire.com/news-releases/nxt-id-releases-new-wocket-smart-wallet-video-testing-underway-in-florida-as-wocket-prepares-to-ship-to-consumers

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