Entries by FitPay

Why connected device payments haven’t reached mass adoption

Tearsheet.com, June 12, 2017 Visa’s announcement of 13 new token service providers last week was a big step towards a future where internet-connected devices — be it a car, a refrigerator, or Amazon Alexa device — will let banking just “happen” rather than require cumbersome active steps on the part of the customer. Through Visa’s token […]

NXT-ID Subsidiary Fit Pay Approved as a Visa Token Service Provider

Qualification allows for the Implementation of an End-to-End Payment Solution for Device Manufacturers MELBOURNE, Florida, June 8, 2017 /PRNewswire/ — Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD ) and a provider of payment, credential management, and authentication platform services, today announced that its Token Service Provider (TSP) solution has been […]

FitPay Comments on Apple’s Smart Strap Strategy

FitPay, was featured in the well-known tech news source, Wareable.com, June 6th in a story about Apple’s smart strap strategy: “The twin challenges in the wearables market are utility and personalization – making devices more useful for consumers and personalizing them to fit seamlessly into any lifestyle,” says Michael Orlando, CEO of FitPay, which is currently […]

NXT-ID and Fit Pay, Inc. Complete Business Combination

Transaction creates comprehensive security, payment and authentication platform for Internet of Things and expands NXT-ID’s existing products and capabilities   MELBOURNE, Florida, May 23, 2017 /PRNewswire/ — NXT-ID, Inc. (Nasdaq: NXTD) (“NXT-ID” or the “Company”), a security technology company, and Fit Pay, Inc., a privately held provider of payment, credential management, and authentication platform services, […]

NXT-ID and Fit Pay, Inc. Announce Letter of Intent to Combine Their Businesses

MELBOURNE, Florida, March 27, 2017 /PRNewswire/ – Potential Transaction Would add a Comprehensive Payment and Authentication Platform to NXT-ID’s Existing Products and Capabilities NXT-ID, Inc. (NASDAQ: NXTD) (“NXT-ID” or the “Company”), a security technology company, and Fit Pay, Inc., a privately held provider of payment, credential management, and authentication platform services, today announced that the companies […]

Turnkey Payment Service for Wearable Devices

The Nilson Report, March 16, 2017 G&D Mobile Security, FitPay, and STMicroelectronics (STM) can offer financial institutions and manufacturers worldwide a turnkey service for deploying smart wearable payment devices including watches, event bands, rings, and key fobs. This is the first end-to-end service to come to market since Visa and Mastercard finalized payment certification criteria […]

STMicroelectronics Teams with FitPay and G&D to Create Turnkey, Certification-Ready Solution for Wearable Devices

ST, Giesecke & Devrient (G&D), and FitPay join forces to overcome traditional barriers to OEMs implementing payment applications on wearable devices Mobile payments may go mainstream on wearable devices like smartwatches by taking advantage of a new ready-to-use payment solution containing technology from STMicroelectronics (NYSE: STM) , a global semiconductor leader serving customers across the spectrum of […]

Mastercard Partners with Fit Pay to Accelerate the Development of Payments-Enabled Devices and Wearables

Companies to Bring Secure Contactless Payments to Millions of Devices from Wearatec and Other Innovative Manufacturers  PURCHASE, N.Y. and LAS VEGAS, Nevada – October 25, 2016 – Mastercard today announced a partnership with Fit Pay, Inc. to bring Mastercard contactless payments to consumer wearables and Internet of Things (IoT) devices. By integrating the Fit Pay platform with the MasterCard Digital Enablement […]