Fit Pay takes pre-orders for its cryptocurrency device

Friday 23 February 2018 10:32 CET | News

Fit Pay, a wholly owned subsidiary of NXT-ID, has announced that it is accepting pre-orders for Flip, a new contactless payment device for cryptocurrencies.

The new device uses value exchanged from cryptocurrency to make traditional payment transactions. Flips NFC antenna allows it to transact payments at any retail point of sale location that accepts contactless payments. Flip will store a preloaded amount of US dollars that are exchanged from the users existing cryptocurrency account.

Flip includes a digital wallet that allows the user to set how much value they would like to hold and when they would like it to reload. Initially, Flip will accept value exchanged from Bitcoin and will potentially expand to other cryptocurrencies in the future.

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Keywords: Fit Pay, NXT-ID, cryptocurrency, digital wallet, Flip
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies