e-Commerce & m-Commerce Services Thrive As Increasing Acceptability of Mobile Payment Technology Grows Due to Convenience & Reduced Complexity
CORAL SPRINGS, Florida, October 3, 2014 /PRNewswire/ --
Market's Newest Digital Wallet Continues National Exposure Ad Campaign on CNBC
Expectations rise for digital payments to become the norm as giants install new platforms, mobile payments forecasted to increase by $3.5 billion by 2018: NXT-ID, Inc. (NASDAQ: NXTD), eBay Inc. (NASDAQ: EBAY), Amazon.com Inc. (NASDAQ: AMZN), Alibaba Group Holding Limited (NYSE: BABA) and Apple Inc. (NASDAQ: AAPL)
NXT-ID, Inc. (NASDAQ: NXTD) announced the airings for the national 30 second ads on Squawk Box, Fast Money and Mad Money. The national ads resumed airing Monday September 29thrunning all week and will air October 2nd and October 3rd during market hours for interested investors and consumers. The continuing ads that began airing on CNBC prior to the marketing launch in May at the Plaza Hotel are part of ongoing marketing initiatives introducing the unique features and benefits of the Wocket to consumers.
Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation 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.
Read the full NXTD release at http://www.financialnewsmedia.com/profiles/nxtd.html
Additional NXTD Coverage includes an article from Oct 1st released by 247Wallst.com. Included in the article was a share price at the end of September, a target price, the firm making the call, a consensus price target (if available) and a 52-week trading range. This shows the implied upside and where the stock has traded relative to each analyst call. Nxt-ID Inc. has seen its shares whip around of late on the Apple Pay news and on the Wocket hopes. The last day of September brought a 7% rally in the stock to $2.56, after a firm called Northland Securities initiated coverage of the sub-$100 million stock with an Outperform rating and with a $6 price target. Investors should know that Nxt-ID shares have traded in a 52-week range of $1.36 to $7.25, and it has warrants trading as NXTDW after a recent capital raise. This would represent 134% upside if the firm's target is realized, but we would also note that Northland was in the underwriting syndicate with Benchmark and Newport Coast Securities for a small financing on September 10.
Read the full article at http://247wallst.com/investing/2014/10/01/8-stocks-that-analysts-think-will-double/
e-Commerce - Digital Payment Briefing:
EBay's PayPal plan is first major salvo in payment wars - Article Highlights: EBay's decision to call it splits with PayPal raises as many questions as it answers. On the surface, eBay's (NASDAQ: EBAY) plan next year to spin off its fast-growing payments business appears to be a concession to activist investor Carl Icahn and his argument for a leaner company better equipped to compete in the competitive mobile-payments market.
EBay CEO John Donahoe, while admitting to the New York Times that eBay was following Icahn's recommended strategy, insisted the company reached its conclusion through "a deliberate process" - not pressure. (In an interview later with USA TODAY, Donahoe didn't rule out the possibility of an eBay-Apple partnership or PayPal working with Amazon.com (NASDAQ: AMZN) or Alibaba (NYSE: BABA) in some capacity.) ...
... The most pressing concern for PayPal, however, are two companies recently in the news. You may have heard of e-commerce behemoth Alibaba, author of the biggest tech IPO ever, and Apple (NASDAQ: AAPL), which just plunged into the mobile-payments market with Apple Pay. Read the full article at http://www.usatoday.com/story/tech/columnist/2014/09/30/first-take-ebay-decision-to-spin-off-paypal-raises-plenty-of-questions/16481817/
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