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Wednesday, June 7, 2017

NXT-ID Inc (NASDAQ: $NXTD) Subsidiary FitPay Announced as one of newest Visa Partners

Visa (NYSE: $V) Expands Global Network of Providers to Drive Acceleration Into IoT Payments

NXT-ID Inc (NASDAQ: $NXTD) Subsidiary FitPay Announced as one of newest Visa Partners

June 7, 2017 ( Newswire) Today, Visa (NYSE:V) announced it has signed 13 new partners to participate in its token service provider (TSP) program, as the payments industry shifts from plastic to digital and broader access to new standards, such as tokenization, are needed. With demand expected to increase for payments to be embedded into a growing number of devices, services and experiences, Visa has built out a global network of partners to offer secure, digital payment token services and ensure that regardless of form factor, an Internet-of-Things (IoT) device, appliance, wearable or beyond, can become a more secure place for commerce.

The newest Visa partners share a desire to advance digital and device-based payments, and represent all major regions of the globe:

  • Global: FitPay, Infosys, Rambus
  • Asia Pacific/India: Mahindra Comviva, PayCraft
  • Central Europe, Middle East & Africa: Digiseq, FOO, Pri-Num, Seglan
  • Latin America & the Caribbean: HST, Prosa, VeriTran, YellowPepper

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