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One Coin for All of Your Cards

submitted by pumkinandstorm

1 decade 5 months 2 weeks ago

(youtube) Coin - https://onlycoin.com - is a connected device that contains all your credit, debit, gift, loyalty and membership cards in one place. Instead of carrying all those cards in your wallet just carry your Coin. The best part? Coin works anywhere those cards are accepted. Dip, swipe or slide; Coin knows all the moves.

8 Comments

One flaw I can see is an unscrupulous waiter could card swipe your info and then go to the next card swipe that etc... Thereby capturing all of your various cards quickly.

Pretty cool technology. Wish I would have thought of it dagnabbit.

Looks cool but I don't trust it.

ant

*money

Adding video to channels (Money) - requested by ant.

@Fairbs
that actually was being criminally done when i worked in miami.a few waiters had been busted using a "swiper" which captured your info.if i remember correctly (this was in the 90's) the swiper would hold hundreds of accounts.they would then sell the nimbers (by "swiping" and rinse and repeat.

i remember being extremely offended at the time because there is an implied trust between a customer and the waiter.people gave me their cards all the time,essentially handing me what could possibly be thousands of dollars in credit.i found the whole idea of what they were doing despicable.

what about battery life? would you end up one day stuck without it working?

http://arstechnica.com/gadgets/2012/11/a-mastercard-with-an-lcd-display-and-touch-sensitive-buttons/

It's not a bad idea, but it feels like a stopgap measure.

Surely the way forward is something like a payment app on your phone coupled with NFC and possibly a pin/fingerprint id.

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