NXT-ID, Inc. ("NXT-ID" or the "Company"), a company focused on the growing mobile commerce market, updates progress on the new smart card being developed for WorldVentures vacation club members.
New Wireless Smart Cards
On the 4th January, WorldVentures and NXT-ID, Inc. announced a strategic alliance to develop a proprietary new wireless smart card for its members, based on NXT-ID's Wocket® smart wallet technology. Both companies signed off on the hardware specifications for the card which will now enter the manufacturing and testing phase. NXT-ID anticipates on time completion of the development schedule with initial deliveries of the card by the end of June 2016.
WorldVentures currently has approximately 500,000 DreamTrips Members, with as many as 80,000 new Members joining every month. The vision of WorldVentures's executive team is to make the smart card available to every existing member, and include the smart card, purchased from NXT-ID, in the member kit proved to every new member.
The new DreamTrips card will make travel and vacationing simpler and more secure with a number of new and unique features to be announced prior to launch.
