NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the "Company"), a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket® smart wallet, announces it has joined The Smart Card Alliance and the EMV Migration Forum.
Joining the Smart Card Alliance and the Smart Card Alliance Latin America (SCALA) Chapter provides NXT-ID, Inc. direct access and visibility to industry peers and thought leaders promoting adoption of smart card technology.
To further build upon its position in the evolving payment industry NXT-ID has also become a member of the EMV Migration Forum.
Gino Pereira, Chief Executive Officer of Nxt-ID. Inc. said, "As we prepare Wocket for the introduction of EMV chip cards and other digital payment technologies, we are looking forward to contributing to these two important associations at the forefront of next generation payments. One of the advantages of Wocket's flexible platform is that we are able to accommodate new payment technologies as they emerge.