Multi-Billion Dollar Mobile Payment Industry with NFC Technology Offering Secure Transactions Expected To Continue to Grow as Newest Products Hit the Market

CORAL SPRINGS, Florida, September 21, 2015 /PRNewswire/ --

Emerging alternative mobile payments and mCommerce technology are helping to reshape the consumer purchase experience as the latest products and applications enter the mainstream.  Despite early challenges in the mCommerce industry, analysts believe robust growth could be expected in the next few years as consumers become more familiar with leading edge mobile payment options.  Primary mobile devices and online payment service companies offering, implementing or manufacturing such devices and applications in focus are NXT-ID, Inc. (NASDAQ:NXTD), PayPal Holdings, Inc. (NASDAQ: PYPL), Visa Inc. (NYSE: V) and MasterCard Incorporated (NYSE: MA).

NXT-ID, Inc. (NASDAQ:NXTD), a biometric authentication company focused on the growing mobile commerce market, announces the Wocket® smart wallet has been accepted to retail on Amazon (NASDAQ: AMZN) through its Launchpad program.  Amazon Launchpad was announced in July 2015 as a new program for certain qualifying companies that fosters innovative new products from emerging brands. For these companies Amazon offers Brand Development on a special store, customer reach through Amazon's most powerful marketing tools and global expansion when the brands are ready. Feedback from participant companies and their institutional investors has been overwhelmingly positive.

Read the full NXTD Press Release at http://www.financialnewsmedia.com/profiles/nxtd.html

Gino Pereira, Chief Executive Officer of NXT-ID. Inc. said, "We are looking forward to offering Wocket on Amazon Launchpad. This platform features some of the more innovative products available anywhere in the world today and we are happy to be part of their offering. Amazon is one of the leading retailers in the US and helps us to gain access to millions of consumers who are concerned with identity theft and are looking for a convenient way to securely store all their payment information."  He went on to say, "Sales in the third quarter of this year have increased substantially over the second quarter, when we launched Wocket and we expect this trend to continue as we head into the holiday season. The marketing campaign we recently announced is creating Wocket brand recognition and our Touch of Modern offering is very successful with over 100,000 views in just 2 days."   See the full Wocket® details at: http://wocketwallet.com/

In other mobile payment developments and recent happenings: PayPal (NASDAQ: PYPL), the global leader in payments, announced recently that it will be making a significant expansion to its Seller Protection policy in six markets in Asia -- Indonesia, Malaysia, Singapore, the Philippines, Thailand and Vietnam. The expanded protection will now cover eligible intangible goods including e-booking of travel tickets, tickets for an event, cab rides, services and more, which are based on unauthorized transactions. With its industry leading risk models and technology, PayPal is the only payments company offering such protection to both buyers and sellers in Southeast Asia in a frictionless and secure manner.

Visa Inc. (NYSE:V) introduced a new specification to use biometrics with chip card transactions. The specification can enable palm, voice, iris, or facial biometrics. This first-of-its-kind technology framework is designed to work with the EMV® (Europay, MasterCard, Visa) chip industry standard to help ensure open, globally interoperable solutions.  Biometric verification is intended to prevent fraud as well as make it easier to pay securely. The architecture Visa has designed enables fingerprints to be securely accepted by a biometric reader, encrypted, and then validated. The specification supports "match-on-card" authentication where the biometric is validated by the EMV chip card and never exposed or stored in any central databases. Issuers can optionally validate the biometric data within their secure systems for transactions occurring in their own environments, such as their own ATMs.

Millions of MasterCard (NYSE: MA) cardholders will soon have even more ways to make safe and convenient mobile payments. Google (NASDAQ: GOOG) announced that they are beginning to roll out Android Pay in the U.S., enabling seamless and secure contactless payments at millions of locations across the country where MasterCard contactless payments are accepted.  Owners of eligible Android devices can begin using Android Pay. For those consumers who receive automatic updates to their Android devices, the Google Wallet app will automatically update to Android Pay. Those who don't receive automatic updates can download the Android Pay app from the Google Play Store in the next few days. Consumers can add their MasterCard credit, debit, select small business and prepaid cards from participating banks.

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DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by the company.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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