Investorideas.com - Payment News: Discover (NYSE: $DFS) and NXT-ID (NASDAQ: $NXTD) Subsidiary FitPay Partner to Extend Payments to IoT Devices

Investorideas.com - Payment News: Discover (NYSE: $DFS) and NXT-ID (NASDAQ: $NXTD) Subsidiary FitPay Partner to Extend Payments to IoT Devices

Agreement gives
Discover cardholders access to the latest payment technology for more secure
and convenient contactless payments

Riverwoods, IL and
Melbourne, FL, February 26, 2018 – Discover Financial Services and FitPay,
Inc., a
wholly owned subsidiary of NXT-ID, Inc., (NASDAQ: NXTD), today announced a
network services agreement to allow devices that are integrated with the FitPay
Payment Platform^TM to provision tokenized payment credentials
through Discover^® Digital Exchange (DDX). The agreement enables
Discover cardholders, along with alliance partner cards, to easily make
contactless payment transactions at retail locations with wearable or Internet
of Things (IoT) devices that include payment capabilities powered by FitPay^TM.