Nxt-ID Subsidiary Fit Pay® Media Alert and FAQ for Flip – Contactless Payment Device for Bitcoin
May 22, 201910 min
Video Demonstrates how Flipä Works
Nxt-ID Subsidiary FitPay® Begins Pre-order Shipments of Flip – a Contactless Payment Device for Bitcoin
April 4, 201910 min
Fit Pay, Inc., a wholly owned subsidiary of Nxt-ID, Inc. (NASDAQ: NXTD), today announced that it has begun shipments of confirmed pre-orders of Flip, a new contactless payment device that enables Bitcoin holders to exchange their cryptocurrency into U.S. dollars and use that value to make contactless purchases at millions of retail locations. The Company expects to ramp up full production and marketing of Flip in the first half of 2019. “When we developed the concept for Flip...
Nxt-ID Provides Update on Proposed Spin-Off of Payments Division
December 17, 201817 min
Nxt-ID, Inc. (the “Company”) (NASDAQ: NXTD) today announced that the proposed spin-off of its payment and other assets into an independent publicly traded company and distribution of shares of the new company to Nxt-ID shareholders has been delayed. Nxt-ID intends to proceed with the spin-off and to establish a new record date for the transaction in the first quarter of 2019. Shares of NXT-ID are currently trading with all the rights of shareholders of Nxt-ID common stock,...