Wednesday, June 20, 2018

Investorideas.com - #Tech News: Westpac and NXT-ID (NASDAQ: $NXTD) Subsidiary Fit Pay to Extend Contactless Payments to Devices

Investorideas.com - #Tech News: Westpac and NXT-ID (NASDAQ: $NXTD) Subsidiary Fit Pay to Extend Contactless Payments to Devices





#GarminPay™ first to launch with new payment
options for Westpac customers

MELBOURNE,
Florida - June 20, 2018 (Investorideas.com Newswire) Westpac, Australia's
oldest bank and company, and one of four major banking organizations in
Australia and New Zealand, and Fit Pay, Inc., a wholly owned subsidiary of
NXT-ID, Inc. (
NASDAQ:
NXTD
)
and a provider of payment, credential management, and authentication platform
services, have today announced an agreement to extend contactless payment
capabilities to a range of new devices, including the latest smartwatches from
Garmin International, Inc. (GRMN).

The
Agreement enables Westpac customers to make secure contactless payments at
NFC-enabled point-of-sale locations directly from Internet of Things (IoT) and
wearable devices that are integrated with the FitPay'sTM Trusted Token
ManagerTM.


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