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Security and Your Money: Tampa Bay Radio Host Cedric Harris Talks to NXT-ID CEO Mr. Gino Pereira about the Wocket Smart Wallet
Date:7/10/2014

SHELTON, Conn., July 2, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, reports that CEO Mr. Gino Pereira was interviewed on July 1st on the Downtown Dave radio show in Tampa Florida. Mr. Pereira discusses the company's next generation smart wallet with the radio host Cedric Harris and how the Wocket™ aims to replace a traditional wallet with a new sleek, secure alternative. 

Cedric Harris tells Gino he has never heard of the Wocket and asks "are there other digital wallets- and if so how is the Wocket different?"

Mr. Pereira shares how the Wocket is very different from Google Wallet and other digital wallets that are basically apps that work on a smartphone. He notes that all consumers are not quite ready for this technology, having security concerns. He goes on to explain that most consumers are quite happy paying using a credit card and how the Wocket and its card will fill the gap. It addresses all of the concerns from both the consumer and the retailer, as a lot of retailers are not set up for adoption of the app technology.

Mr. Pereira also discusses in the interview that 50% of consumers surveyed are not comfortable putting their payment information on a smartphone. He explains how the Wocket's biometrically secure technology; all separate from a smartphone prevents payment and identity theft.   

Host Cedric Harris declares in the interview after hearing how the Wocket works, "So I guess you can pretty much throw your old wallet away."

Downtown Dave radio show airs in Florida on WTAN 1340 AM Clearwater, WDCF 1350 AM Dade City, WZHR 1400 AM Zephyrhills, and in Arkansas on
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SOURCE NXT-ID, Inc.
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