Oxford’s NXT-ID Inc. said it has drawn a $2 million investment from a Texas company that sells vacation and entertainment memberships.
Under the agreement, NXT-ID will develop a wireless smart card that integrates with WorldVentures’ mobile app, called DreamTrips. The card, which would securely store credit card information for mobile payments, will be available only to WorldVentures members, the companies said.
WorldVentures plans to unveil the concept this month at its annual conference in Florida.
