Garmin Nasdaq GRMN and NXT-ID
Garmin® (Nasdaq: $GRMN) and
NXT-ID (Nasdaq: $NXTD)Subsidiary FitPay Announce Garmin PayTM Now
Live on Garmin vívoactive® 3 Smartwatch
Payment Capability Supported by Major Card Issuers
Garmin International, Inc. (NASDAQ: GRMN) and Fit Pay, Inc., a
wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announce that
the Garmin PayTM contactless payment feature is now live on Garmin’s
vívoactive 3 smartwatch and available to cardholders of issuing banks
supporting the new service. The new feature on Garmin’s latest smartwatch enables
consumers to make highly secure contactless payments at near-field
communication-enabled (NFC) point-of-sale (POS) retail locations, adding a
powerful new capability to one of the most complete smartwatches on the market
for the active consumer.