• Coin
    12 replies, posted
[URL]https://onlycoin.com/[/URL] [video=youtube;w9Sx34swEG0]http://www.youtube.com/watch?v=w9Sx34swEG0[/video] [quote]The company, called Coin, announced Thursday it is making a credit card-sized device that can store information from other credit cards so that it can be used just like the stack of cards crowding wallets for everyday transactions. Coin looks like a slick plastic credit card, and can swipe like one, but stores account information about multiple credit cards that can be accessed through the single Coin card itself. Users load information from their existing credit cards into their Apple or Android smartphones, which then sends the information to the Coin card using Bluetooth. The card will be calibrated to lock for security if it is separated from its user’s smartphone by a certain distance. Parashar said users will be able to set their security level so that the card can be used when away from their smartphone and can shut the card down if it has been stolen along with their handset. [/quote] [URL]http://blogs.wsj.com/digits/2013/11/14/startup-coin-offers-one-credit-card-to-rule-them-all/[/URL] [quote]Q. How much does a Coin cost? A. Each Coin costs $100. For you early adopters there is a very limited quantity that can be purchased for $50. Q. What mobile platforms will Coin support? A. Coin mobile apps will be available for iOS and Android. We'll keep track of demand for Windows phone support and consider this for the future. Q. Can I use my Coin for online payments? A. Coin is designed to allow you to use your cards out in the world. When you are making a purchase online, the Coin mobile app can be used to reference your card details. The Coin itself, however, cannot be used directly for online payments. Q. What if my phone runs out of power or is in airplane mode? Will my Coin be useable? A. Yes, but you may need to unlock it if the Coin becomes deactivated due to being out of contact with your phone for too long. Q. What if I lose my phone? A. When you pair your Coin with your phone, it is associated with your account and not that specific phone/device. If you lose your phone, it is possible to pair your Coin with your new phone after installing the Coin mobile app and signing in. Q. How long does a Coin last? Do I recharge it? What happens when my Coin’s battery dies? A. Coins are designed to last for 2 years under normal usage and do not need to be recharged. Once the battery dies you will need to replace your Coin.[/quote] [URL]https://onlycoin.com/support/faq/[/URL] [highlight](User was banned for this post ("UTT" - Starpluck))[/highlight]
That was supposed to be funny, 2flouride2quit.
don't know if it's totally news or anything as it's not too uniquely special but still coo[URL="http://facepunch.com/showthread.php?t=1325752"]l[/URL]
[QUOTE=Tophat;42911705]Useless garbage, it's only so long until the dollar is worthless. WAKE UP SHEEPLE![/QUOTE] That's why it's called coin. Soon it will hold all your bitcoins.
[QUOTE=sloppy_joes;42911713]That's why it's called coin. Soon it will hold all your bitcoins.[/QUOTE] but bitcoins will become so expensive that no one will have bitcoins then there will be the great 2026 economic collapse in which there is the death of bitcoins and soon life on earth as we know it, it'll be 500x worse than the great depression and bring about a thousand years of darkness. All because of Obama.
[QUOTE=fruxodaily;42911635]Magnetic strips are slowly being replaced with smart chip technology in Australia, my driver licence for Queensland has a smart chip on the side so police can scan and bring up all my records in a secure database If you get a new card from your bank, you have a smart chip on it, most stores here now include combo readers that use both magnetic tape and smart chips because not everyone has made the switch, my card is still magnetic but it'll change soon I like the idea but this is obsolete already, use something like paywave even though its not really trustworthy but still[/QUOTE]
There's already a thread about this. It's not even news.
[QUOTE=fruxodaily;42911635]Magnetic strips are slowly being replaced with smart chip technology in Australia, my driver licence for Queensland has a smart chip on the side so police can scan and bring up all my records in a secure database If you get a new card from your bank, you have a smart chip on it, most stores here now include combo readers that use both magnetic tape and smart chips because not everyone has made the switch, my card is still magnetic but it'll change soon I like the idea but this is obsolete already, use something like paywave even though its not really trustworthy but still[/QUOTE] Over here in Sweden, you're more likely to have a chip or RFID in your card than a magnetic strip. And it's been like that for close to twenty years now, at least in the parts I've lived. I've never actually had to swipe my bank card anywhere, come to think of it, always used the chip for everything.
[QUOTE=ace13;42912144]Over here in Sweden, you're more likely to have a chip or RFID in your card than a magnetic strip. And it's been like that for close to twenty years now, at least in the parts I've lived. I've never actually had to swipe my bank card anywhere, come to think of it, always used the chip for everything.[/QUOTE] I've never even heard of one here in America :v: Always have swiped here
What in lord's name is a UTT?
[QUOTE=Whibble;42912236]What in lord's name is a UTT?[/QUOTE] Undescriptive Thread Title. [editline]19th November 2013[/editline] Also a really ghetto way of saying youth
Oh. Thank you.
[QUOTE=ace13;42912144]Over here in Sweden, you're more likely to have a chip or RFID in your card than a magnetic strip. And it's been like that for close to twenty years now, at least in the parts I've lived. I've never actually had to swipe my bank card anywhere, come to think of it, always used the chip for everything.[/QUOTE] Only recently has smartcards been replacing magnetic tape cards in Australia, banks are heavily enforcing people use smartcards because of its security benefits. Just wish that was the case years back
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