14
Nov
Coin-Thumb

We were ridiculously excited by the prospect of a physical Google Wallet card when we reported on it just over a year ago, but six months went by without a peep until eventually the project was canned. Thankfully, awesome ideas don't disappear just because one company decides it's not ready to make them happen. Coin, a startup out of San Francisco, has announced a card of its own that promises to deliver much of what we were excited to see Google pull off themselves.

Coin doesn't look all that different from a typical credit card, but it has the potential to make our wallets significantly lighter. This one device is capable of storing up to eight cards in its internal memory. Users pair the device with their smartphone, plug in a card reader similar to those offered by Square or PayPal, and swipe in all of the cards they want Coin to keep up with. The device itself has a small screen that displays the last four digits of each card, so owners can select which one they want to use at any given time.

Coin1

This device also comes with some rather attractive security features. Since Coin pairs with a smartphone, the latter can notify you whenever you've wandered off without it. You can also set the card to deactivate itself if it's lost contact with your phone for too long a period of a time, helping to protect your bank account in case it ever gets stolen. But this isn't mandatory, so don't worry about needing access to your phone in order to use the card. At the end of the day, it is a standalone device.

Coin2

That said, there are caveats to keep in mind. Coin looks different from your typical credit card, and this could cause problems at certain establishments - more likely with the person behind the register than with the register itself. The device isn't guaranteed to work overseas, which could be a headache for travelers and a deal breaker for anyone looking to purchase one from outside of the US. The battery is also designed to last for two years, and it's not rechargeable. So when it dies, owners will have to replace the entire device.

Coin isn't set to appear on store shelves until summer of 2014, and it will retail for $100 when it does. That's pretty far away, but if you want to guarantee access to one, it's available for pre-order now at 50% off. That begs the next question, is that much of a discount worth the wait? This is the tech industry we're talking about, and there is an entire year between now and next summer. And even though the company has mentioned creating an Android app, we have no way of knowing which devices will be supported.

Ponder over these things for a moment. Then, when you're done, hit the link below.

Pre-Order Coin

Bertel King, Jr.
Born and raised in the rural South, Bertel knows what it's like to live without 4G LTE - or 3G, for that matter. The only things he likes sweeter than his tea are his gadgets, and while few objects burn more than a metal phone on a summer day, he prefers them that way anyway.

  • Justin Case

    I bought mine, lets see how it works in real life now, well not now but sometimes vaguely next summer

  • http://www.kovdev.com/ kover

    I bought in and I'm hoping it was worth it.

    • lensgrabber

      Same here. I've been wanting this ever since the talk that Google Wallet was going to do it (then didn't follow through with it). The market needs to know this is a wanted item. Backing Coin is the way to let the market know. (also I'm hoping this is going to kick butt when it's out!)

      • Charone Foster

        The only problem I have is that is to long of a pre order date maybe a month or two before hand, but I cant see 50.USD.. just disappearing for 6 months... p.s. I would love to give my wife one of these, because it's less headaches on me when she says grab my purse, its the red card or blue card or its the card I left home...

  • timrcm

    I liked the idea until I saw that the battery was non-replacable. Your 1-2 years is up, your battery dies, and you have to plop down another $100 for a replacement. That's crap to me.

    Maybe if they had a coin-trade-in program planned or something where sending in your dead one cut the price to $20, but as it stands I'll have to wait and see how this plays out. No pre-order for me.

    • lensgrabber

      In 2 years, the pin and chip system should be taking hold in the US. Not too worried about the life of the battery. What I do like is the fact people can't see (or photograph) the card details.

      • Andy Dip

        imagine a cashier using google glass taking a picture or video recording your card info

        • Jack

          I think them saying "Glass, take a picture" would be enough of a hint.

          • Cat Astrophy

            You just mentioned a software limitation. Something easily bypassed. If it's not blocked at the hardware level (even then enterprising modders seem to figure ways around that) then anyone can take pics/record with no visual or audio indication.

        • http://www.androidpolice.com/ Artem Russakovskii

          Because that totally hasn't been an issue for years with conventional cards. How many times do you hand over your card to waiters and people who can easily record all the info off of it? Pretty much every single time you use it.

          • Julian Robertson

            Except a fraudster still needs your PIN number to make transactions with your card, or your correct billing address if it's an online transaction...

          • http://www.androidpolice.com/ Artem Russakovskii

            What pin? Most US cards don't have pins - you just slide them, and no extra information is needed. Gas stations need a zip, but that's about it. Debit cards need a pin, but not credit cards.

        • Gregory Curtis

          Imagine you being a dumbass and handing any private document to someone wearing google glass. Really?

      • Cousie G

        Before this video I didn't know the US was still swiping their cards, this would be useless in Australia as all our debit and credit cards use chips

        • Andrés

          Even in Mexico, most cards here use the chip now.

      • Jacob Martin

        No one that deals with either issuing or accepting credit cards in the U.S. want the chip and pin system. It slows down the consumer, its cheaper to pay for theft. Remember the companies that provide the equipment are American companies, so it's not an issue about bringing it over.

        • lensgrabber

          It's no slower than using a debit card, writing a check, or counting coins. Actually it's probably faster than a check or paying by cash if you want to argue speed. Swipe, enter code, (sign?), go.

          • action

            Yes, but as Jacob is saying, the chip and pin system is just another overpriced technology the US is exporting as a means for us to make money off you without actually providing you with a truly economical solution.. See that's what us Americans do. We convince you that you need to buy something from us because it is the new "standard," and then we never adopt it ourselves because it is more expensive than just doing it the old way. =) Ohh and we will take a majority of the world's oil while we are at it and pay a third what you do for it thank you.

          • Julian Robertson

            Not to mention no one in the US writes a check at a store. Unless you're buying something from a farmers market we're not going to take the check. And no one counts coins either. If they do we tell them to get back in line so that they're ready when they get to the register. Anyway, even without a chip you still need someone's PIN to use their card fraudulently.

          • Gregory Curtis

            Where are you from? People use checks all the time. The transaction take less time than making change.

    • http://www.androidpolice.com/ Artem Russakovskii

      $100? The card is $50.

      • David Hart

        Isn't that the pre order price?

        "it will retail for $100 .... it's available for pre-order now at 50% off "

        The price would probably go down by the time your battery dies though.
        If it does last that long.

        • http://www.androidpolice.com/ Artem Russakovskii

          Oh, I see. Fair point. Yeah, OK, so a replacement card in 2 years, that does kind of make it less appealing. https://onlycoin.com/support/faq/

    • GigiAUT

      Hmm, dunno much about doing a trade in. Imagine your card dies, all your info is still on it, and you send it back to get your $20 off the price of a new one. Is there a way to wipe the card even if you can't power it?

    • Eric Peterson

      I have 5 cards. None of them has lasted over 1.5 years. Mainly due to the magnetic strip wearing down so the idea that 1-2 years I'd have to replace this is fine. I'd rather replace 1 card then have to replace multiple.

      • Andy Stetson

        yeah, but your cards are replaced for FREE. This is $100 every time it dies.

        • Cat Astrophy

          Not only that but many can have your pic on it so you don't have to whip out your License as well every time.

    • Julian Robertson

      If you have a job $100 every two years is really not that much... Especially to only have to ever carry one pay card, and never have to worry about loss or theft on any of your accounts... and blow everyone's minds. You can think of it as a $4 monthly fee if you like. Many people spend that much on coffee in a month, but if you're poor you can just save the money you'd spend on one coffee every month for the two years and then you'd have more than enough to buy yourself another card.

      • timrcm

        Way to be a condescending prick. Of course $100 isn't that much, but would you buy any other piece of plastic for $100?

        Let's break it down and pretend it's a $50/yr annual fee on a credit card. What would a credit card have to do for you to be worth a $50/yr annual fee? For me, it'd have to pay me back significantly more than that worth in rewards. This pays you back nothing whatsoever except for a smug satisfaction.

        Don't call someone who wants to make smart financial decisions with their purchases 'poor'. It only shows your own lack of self-confidence.

  • dhruva

    pretty

  • Connor M

    If you plan to buy one, please please please use my referral code: https://onlycoin.com/?referral=CNbBnJZe
    Thanks!

    • http://www.androidpolice.com/ Artem Russakovskii

      No referrals.

  • Bill Anderson

    I don't understand this. It makes you wallet thinner, but that's it. It still is something else you need to bring. I just want to bring my phone...

    • http://www.androidpolice.com/ Artem Russakovskii

      That's still in distant future for us. If this card were shipping now and not in the summer of 2014, I'd most likely buy it. I still might, just not willing to put down the money for something that won't be here for over half a year.

      • Freak4Dell

        Yeah, I really, really like this idea, but not sure if I'm willing to spend $50 for it.

      • RajivSK

        First off, let me say I'd love to have one of these.But.. pre-ordering one is not a smart move. As you say, the tech world moves fast and over here where I live, the government decided practically overnight to phase out the use of magnetic strips on debit-cards to reduce skimming practices... So yeah, I bet you'd be pretty disappointed if you finally get one in half a year and it's been rendered useless by advancing technology...

        • Robert Alex Kibler

          Yeah, but that's not the US government. The US government has never done anything overnight.

          • RajivSK

            Still, even if it takes them a year.. If you have to wait half that time to even get your coin, I'm not sure it's worth paying 50 dollars for..

    • CerealFTW

      But you would be in some deep shit if your battery dies and you need to pay for something when you can't charge your phone

      • http://www.LOVEanon.org/ Michael Oghia (Ogie)

        That's why you carry cash too ;)

        • andy_o

          And wouldn't it be a great idea to carry something to put all those bills in? Maybe a little bag or envelope kind of thing. Hey, and maybe you can even put other things in there too! Make little pockets to separate them. Kickstarter here I come.

          • xriderx66

            Holy shit, i think you might be onto something!

          • Cat Astrophy

            Some phone cases already have pockets that carry cash or other wallet friendly items. Wallets are still becoming outdated. Women have a long way to go, though. Some purses I see are still gigantic.

          • Gregory Curtis

            "Wallets are still becoming outdated"....are you 12?

      • JustSaying

        Yes! that's why is cheaper to carry an extra battery for your phone, any way, my phone battery last more than a day, and still I carry a slim battery, solving some possible scenarios. Coin card seems a nice alternative, but if you you just want to carry a multi-tool like your smart phone then keep an extra battery.

  • Michał Droździewicz

    Looks interesting but where I live we use chip cards so this is useless here.

  • rahlquist

    In all fairness Google would still love to make this happen. The problem with universal payment like this is EVERYONE wants a cut, thats why the carriers blocked Google. It sick that we allow so many to scrape so much money from us just to complete a transaction.

    • Mike Loomis

      This isn't a universal payment system. It is just copying the data from the magnetic strip of your original card. The machines it is swiped on will think it is the original card and treat it as such.

  • rslh

    What if the vendor needs to see your photo on the back of the card? hmm...

    • Andrew

      US credit cards don't usually come with photos. (some banks add that as an optional feature)

      • rslh

        Often times cashiers still ask to see your ID if it matches the card which you're using. Not sure how that would pan out. I do like the idea though.

        • Freak4Dell

          I can't see any reason why they couldn't just print your name on your Coin.

        • Charone Foster

          I think thats a great security question how do they verify that coin card is the users, that's almost the same as being asked for your id and your paying with a gift card with no name on it

        • Julian Robertson

          It's illegal to ask a customer to see their ID when they are paying with a credit card in the US, unless their card has the words "SEE ID" on it or is unsigned.

  • basteagow

    *overseas

  • robertlwalters

    If you dont mind use my referral code. Thanks https://onlycoin.com/?referral=tPBhjnw4

    • http://www.androidpolice.com/ Artem Russakovskii

      No referral code spamming.

  • S Mahmood Alawi

    anyone else see the potential security behind it..
    credit card scams aren't all that rare.. and they just made it easier to copy cards!!

    • Don Cunningham

      That's what i was thinking too.

      • motoridersd

        Not really more risky than a plain old magnetic strip card. Anyone can copy your information off your regular plastic, but without your personal information, they usually can't do much. With this card, they can't do anything a criminal couldn't do with a regular credit card, but with the added security of BLE, you can have the Coin deactivate itself if it's away from your phone for a long time. This makes it a little more secure than a regular credit card in my opinion.

        And scanning cards is only allowed on your phone and with cards under your name.

        • akshay7394

          How do they check if the card is under your name? (Curious)

          • Jacob Martin

            The name on the card is also part of the data in the magnetic strip.

          • akshay7394

            Ah, okay.

    • Julian Robertson

      Except not. The card doesn't have the other information a fraudster needs to actually make any purchases. Even the card number is encrypted. It's actually more secure because they can't see any of your card information the way they could with every other card. Not to mention that if the card gets to anyone but the waiter it's going to turn off anyway.

  • WHO?

    Wow i was thinking i could pre order for something like $10 lol. I guess I want have a strange black card whom is going to cause million questions about how to swipe my card.

  • MacMan156

    I guess this would only work in america. Vendors in canada are phasing out swipe cards and soon they'll only take chip

  • henk

    This is so 2012 :).

  • Philip Kahn

    Yeah, this cuts back on five cards for me. Pre-ordered. Not to mention the security factor!

    If anyone else is inclined to pre-order, consider using this referral link?

    https://onlycoin.com/?referral=52K7dxQx

  • Bryce Fisher
    • guest

      quit spamming n00b

      • Bryce Fisher

        Mind your buisness!

        • PhilNelwyn

          Spam is every reader's business.

  • ThePhanein

    Shut up and take my fifty-five dollars.

  • Julio M

    The spams are making this place look like YouTube.

  • Google Wallet User

    $100 is too much to spend every time I lose/destroy this. Plus I only use one credit card 95% of the time. I'll pass.

  • Josh Michielsen

    Wait...so it's $100 for a replacement card. They make no mention of how and where you CC details are stored AND, from what I can see, it doesn't support chip payments (PayPass/PayWave)?

    What....

  • Matthew Fry

    Hmmm... Seems like a device that could be easily abused.

    "That'll be 4 dollars. On the card? The machine is broken I'll need to run it in back."

    • Wilhelm Vain

      Are you suggesting that everyone who uses this is an idiot? Why would you let someone run off with your card. This is why I always carry $20 in cash for purchases like that have a "back room" machine. If I don't swipe or don't see who is swiping than I don't use my card.

      • Matthew Fry

        Do you see them swipe it at a restaurant?

        I'm saying a criminally minded person could have one of these and store other people's credit card numbers.

        • motoridersd

          The card itself doesn't scan your credit cards, you do it on your phone with the scanner and it will only add cards under your name to prevent fraud. Someone taking them to the 'back' and doing bad things to it can do the same to any old CC

          • akshay7394

            Thats' only the photo of the card, isn't it? The swiping still scans the card if i'm not wrong

          • Julian Robertson

            That's not how the card works. There's 0 personal information that someone can get off it, as opposed to every other card which has all your info, but your PIN and address written all over it, including your signature.

      • Charone Foster

        I'm going to go with this card, because im the forgettable person that frequently brings the wrong card, or dont have the right one to get a deal. The Bluetooth is also cool, then you can realize you misplaced it

    • Julian Robertson

      Still don't see how the employee taking your blank, encrypted card into the back is going to help them... You still need to sign and/or enter your PIN to authorize the transaction.

  • sfehrman

    The thing I keep thinking and wondering how they avoid is what if the cashier or waiter,etc accidentally hit the button switching cards? Or if they do have to take it back to their checkout station(like at a restaurant) and they start looking at and curious what it does and purposely start pushing the button. You are now paying for stuff on a different card from what you expected and might not notice right away. How do they keep others from changing the payment card either by accident or on purpose.

    • sfehrman

      Well I just read on their site in the FAQ that the button is designed to prevent accidental changes. But that still leaves the curious cashier who says "Mmmm Wonder what this does" and starts pressing it and then swipes it with the wrong card pulled up

      • Lalo

        Just tell the bitch: DONT TOUCH THIS FUTURISTIC PIECE OF TECHNOLOGY, JUST SWIPE IT.

        • Charone Foster

          Yep

        • Gregory Curtis

          Exactly.

    • Nate Porter

      that's what i was thinking

    • Ray Gray

      I think the questions we all have could be fixed by removing the button and the screen and just managing which card to choose from the mobile app.

      • Jacob Martin

        That takes too much time. Seconds yes, but imagine doing that at every store.

        • Ray Gray

          No different then Google wallet. This company is wasting money on a bunch of hardware that isn't necessary. Why not axe the card swiper and have you just manually enter your cards like Google wallet it's not like that's something you will be doing often.

    • Julian Robertson

      Ill tell you a secret. When the waiter comes back to the table for you to sign for your payment...here it comes...LOOK AT THE RECIPT. If the last 4 digits on the receipt (not to mention other CC info on every receipt/pin pad/POS screen/etc) don't match the card you wanted to pay with then they made a mistake, and you don't sign. Not a very well thought out question...

  • Andres Schmois

    Yeah... I don't think this will ever become PCI compliant. All PCI compliant devices are NOT allowed to save swiped card data. They're only allowed to save a few details and usually heavily encrypted. Can someone confirm on this? I just recently had to get certified and saving any of the swiped data was a big no no.

    • Jacob Martin

      I believe they are just selling a copying device, under the assumption that the person accepting the card does not know what they are swiping. Also they are still liable for failure to comply. A bank or brand for that matter would have little to no way of knowing that a customer is using the system. Only a Cease And Desist order would likely stop them from proceeding with copying of that brand of card or bank.

      • Andres Schmois

        That's not the issue. They're trying to become PCI compliant, which means that they are being certified by a third party. When they see they are copying band data, they will probably deny their compliance.

  • Guest

    Am I the only one who thinks it would be awfully easy for a waiter/waitress to accidentally push the button and swap to another card you didn't want to charge?

    • michael interbartolo

      I did wonder about how to control the card once it is in the waiter's hand.

      • psychoace

        Also what would happen if the waiter has to go to the other side of the restaurant to process the payment.

        • michael interbartolo

          yeah lots of questions on how to be comfortable using it at restaurant.

    • Charone Foster

      The features are pretty reasonable,the cons a well...but now and days everything is about technology, imagine you losing your phone..is the same reaction, im pretty sure servers will make a mistake and press the button , remember in the restaurants I go to I still have to sign the receipt...

  • Guest

    It can store an unlimited number of cards...

    • psychoace

      I think it can only do that when it's connected to your phone and Coins servers. If it was without connection it has room to store 8 cards that you feel are priority in its internal memory .

  • Akera

    I live in Canada. Every. Single. Store. Has a chip reader. I still don't understand why it isn't widespread in the U.S. ? It's faster, more convenient, more secure...

    • z0phi3l

      Because it's secure, the CC companies rather like stiffing us with fraudulent charges since they are the ones making the decision if a charge on your card is fraud or not, what's really sad is how often I see readers capable of taking chip cards but can't get one from my small Bank yet

      • Jacob Martin

        Actually its because its cheaper to pay for unauthorized purchases that setting up the system, even though its U.S. companies that make the hardware.

        Companies do not want anything to get in between the consumer spending and merchants. The U.S. population is only getting older, and its harder to teach such things to older people. 67% of the U.S. is literate.

        • Julian Robertson

          You just said he was wrong and then repeated exactly what he said... Lol. Both big businesses and banks spend money lobbying against widespread chip reading because they both make money off of fraudulent charges like you both said.

  • Stephen Vanderwarker

    Not sure if this has already been said but what happens if someone hits the button on accident when they are swiping it for you?

  • http://www.baronsofbullshit.com/ seriosbrad

    All my cards get scratched to hell and often need replacing. Assuming the battery lasts, forever, how durable will Coin be against swiping over time?

    • Charone Foster

      Do ppl ever run in to the problem of your card being demagnetized because you have so many in your wallet or purse, here the cure, ..and for you one card for 95% transactions ppl like me, the extra security for coin is Bluetooth feature

  • black

    An adversary can use any scanning device to read the data. This thing can hold 8 cards. Every time you hand your card to someone, you're handing them 8 of your cards. Press, scan. Press, scan. Press, scan... Think about that.

    • Julian Robertson

      Except a fraudster still needs your PIN number to make transactions with your card, or your correct billing address if it's an online transaction... Not to mention employees don't see full card information on the POS when they swipe a card- it goes straight to the merchant's bank. You people must really think the onlycoin people are 18 year-old college students or something. There's a reason it's endorsed by Engadget, Forbes, Gizmodo, AllThingsDigital, and TheVerge; all of whom are reputable companies.

  • Jason Brown

    I like how the commercial says you can add many cards as you want and then I read the rest of the post and it says 8 cards only. am I missing something? would be cool to add all the gift cards that I have.

    • James Childress

      I was thinking the same thing. Way too little space when memory is cheap. Make it closer to say 20 cards and it would be functional enough.

      • Julian Robertson

        Memory isn't that great on a millimeter-thick card. Think of how big a flash drive is.

        • James Childress

          They are nearly as or about as thick as a SIM card which holds up to 128k of memory and hundreds of contacts. MicroSD cards are just as thin, yet can can hold several gigs. I think a smart credit card like this can do better than just 8 cards.

  • https://steamcommunity.com/id/m-p-3 m-p{3}

    All my banking card have a microchip, which I have to use whenever the terminal support it. If I try to use the magnetic stripe it will automatically reject the transaction.

    This device is already obsolete and it's not even out yet.

    You know what I do instead and that actually make more sense? I don't carry all my membership cards. I keep a virtual copy in Lemon Wallet (I just need the actual numbers), and only carry my most important cards in my SlimFold wallet (ie: driver license, health insurance cards, credit card (NFC) and some paper money).

    Oh, and I have a cellphone case in which I carry my bus transit pass (NFC) and my debit card. It's not annoying to carry and I barely notice I'm carrying a wallet.

    • Julian Robertson

      If you live in the United States or most of North America it's anything but obsolete. Chip readers don't exist in the US.

  • Lalo

    I liked how you used a phrase that they have in their FAQ. Kudos!

  • Luxferro

    Seems like the perfect device for thieves... I can't see this being successful. Everyone will have to worry about letting others physically hold their real cards with $100 card copiers around.

    • Jacob Martin

      The thief would also need your address information, in order to copy the card.

    • James Childress

      I am guessing it wouldn't be hard to tie an unauthorized transaction to the Coin account that used it making illegally cloned cards easier to track down. Nothing is foolproof security wise.

  • Daniel Smith

    This is outdated before it's even released, it lacks an EMV Smart Card.

  • Nam Dang

    Just my two cents, but I see several problems with this model

    1. We're moving towards credit cards with IC chip for better security. I'm doubtful that you can ever replicate data on an IC chip, otherwise the security benefit of IC chips is moot.

    2. The cost is too high. I'm not willing to pay for 100USD (notice the 50$ price tag is for early adopters only) for this kind of "convenient".

    3. When I was in Singapore, the cashier verified my signature against the one on the back. How would they address this requirement if a cashier inists on checking your signature?

    4. Maybe not in the US, but in Japan I'm using some NFC to pay for everything now with my phone. I don't mind taking my credit cards with me, but not having to present them everytime you pay is a blessing.

    • Jacob Martin

      1. We aren't moving that fast. In fact most banks that have the ability, just have travel cards.

      2. New technology, no competition.

      3. None of my cards are signed, and I have never had a problem. I even have one card(AMEX) that does not have a name on it. In most cases I am rarely asked for ID.

      4. I love using NFC(Google Wallet) to pay for things, including vending machines. I should note that I live in New York City.

  • http://www.jugarjugar.net/ Jugar Jugar

    It really is an impressive initiative. I'm really surprised that the creation of this product. It is very special and extremely convenient for users.

  • Fatal1ty_93_RUS

    I bet Google is gonna buy the company that makes these cards

  • Roman

    Wallaby premise is a lot better (https://walla.by/the-wallaby-card), but sadly they haven't been able to release it. I assume Credit Card companies aren't happy with the idea...

  • Dominic Powell

    THere is one significant problem here. This thing is 1 year away, A bigger company can upend them and come to market first. Google could relaunch that wallet card and get it out much faster potentially.

  • rod_z

    Who swipe cards anyway? For many years now, all my cards have a microchip on them. You just put your card in the reader and enter your pin. No swiping/signature needed.

    • Julian Robertson

      Everyone in the United States, and much of the rest of North America.

      • rod_z

        Well... you guys need to improve the security of your cards then.

  • Cat Astrophy

    $100 every 2 years to free up space in my wallet and spare me a quick phone call to cancel cards if lost? LOL

  • inthebiz

    Problem here is that retailers are not going to accept a credit card that doesn't have the cardholder name embossed on it. Everywhere I shop I get asked for ID so that the teller can validate that the card is mine. Without validating the name and signature the retailer is on the hook for any fraud costs.
    Neat idea but I have to think that there will be a lot of refund requests once people get the cards and find out that they are not accepted.

    • Derrick Hodges

      Most places I see have the keypad that you swipe your own card. I don't see this being a problem where I live.

    • Julian Robertson

      It's illegal to ask a customer to see their ID when they are paying with a credit card in the US, unless their card has the words "SEE ID" on it or is unsigned.

  • http://wyldtek.com/ wyldtek

    I have some security concerns but I'm very intrigued.

    https://onlycoin.com/?referral=IzLv57He

  • mikan

    mmmm what stops a thief of cloning all the cards stored in coin?

  • Vegaslady

    In the video you see them hand the card to the merchant to scan, what keeps the merchant from hitting the button and changing the card that you wanted to use. Say you only have 2 cards on there, one your debit card and your credit card, you hand it to the merchant and you have selected to use credit card and the merchant hits the button and it changed to your debit card, that would be my concern. What would keep this from happening?

    • ApplesNAndroids

      Funny, I was thinking the same thing during the video. I think card selection should be available within the app. Sure, it might be an extra step but I (myself) do not typically use too many different cards..

      well.. guess thats why I carry a slim wallet

  • Glich

    I see this as a non stater. I come from a retail background and the CC are very strict with stores that don't follow there rules about checking cards to the letter. (Hologram signature blocks ext and they test them from time to time ) I came across a few fake CCs over my years in retail we would get 1 about every 3-6 months in the store. The one that tried to pass it on me was the wrong type of plastic (Felt wrong) when i called it in the guy bolted (lucky leaving the $1500 in stuff he was trying to buy) but i digress if i was still working retail and i got one of these even knowing what it is I would still be calling in management before i took it the abuse potential is WAY too high.

    • Julian Robertson

      Well that'd be a violation of the CARD Act (credit card law). There are very specific reasons for which you can detain a consumer's card and being curious isn't one of them. If you tried that shit with me I'd grab you by your nappy hair and take my fucking card back since you clearly don't know how to do your shitty job the right way.

  • Andy Mare

    woo. http://www.onlycoin.org blog is also awesome.

  • Vccsale

    it is very nice information

  • Anthony

    And it turns out this article was 6 days too early..lol. http://www.androidcentral.com/google-wallet-card-now-avialable-order-ships-10-12-days

  • Charlie Garrido

    Who owns this company? Square??

  • Jeff

    I pre-ordered one. Hoping for the best. https://onlycoin.com/?referral=AUu2Fux8