This is innovative, really like this concept. Wish them Good Luck !
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Coin
71–80 of 720 posts
Re: Coin
#72I wonder how this would fare in an ATM. What happens if the ATM accidentally presses the card selection button? If the ATM gobbles the card, now you've effectively lost your entire wallet. What happens if the cashier presses the card selection button while running your card too? Oops, now your boss wants to know why you've just paid for your groceries on the business credit card and why you've cloned your business cr…
I agree - I don't see the comments here as Hater News, but rather the exact sort of questions pretty much any consumer or business user would ask. There's a glint of "oh this is useful" and then there's the "oh, but what about this... and that...". That's not Hater News - that's pretty much exactly what any non-technical person would inquire about this product.
Re: Coin
#73For some reason, all the cards I keep in my wallet get destroyed. I have a decent leather wallet but they still crack and chip and the paint rubs off. I don't know if I want that to happen to a $100 device. Does this happen to anyone else? It has happened with the last two wallets I've owned.
My ATM card always seems to start splitting right around the time my bank sends me a new one. Hopefully this device is more durable.
Re: Coin
#74I assume that the Chip-and-pin system isnt standard in the US like it is in the UK. Can a similar technology be applied to chips?
From the FAQ: Q. Does Coin support chip and pin (EMV)? A. Coin is currently designed for the U.S. market and does not support chip and pin (EMV), however, future generations of the device will include EMV.
How on earth is that going to work? Theoretically at least, you can't clone an EMV card. That's kind of the point.
Re: Coin
#75I wonder how this would fare in an ATM. What happens if the ATM accidentally presses the card selection button? If the ATM gobbles the card, now you've effectively lost your entire wallet. What happens if the cashier presses the card selection button while running your card too? Oops, now your boss wants to know why you've just paid for your groceries on the business credit card and why you've cloned your business cr…
The first bit has to be the simplest thing to fix: just require the user to hold it to lock/unlock or some particular sequence of presses.
Re: Coin
#76Seems crazy that it only holds 8 cards. I'm not about to go through all this effort only to replace some of the cards in my wallet but not all of them.
The app holds infinite cards, as long as you carry your phone.
Yeah, pretty easy to just store all cards in the app and switch out the infrequently used cards for things like loyalty programs when you actually need them.
Re: Coin
#77Love the idea. But one of those "I'll believe it when I see it working well".
Re: Coin
#78What happens when the waiter accidentally clicks the button & charges your business card when it should have charged your personal card? I guess they can just peruse your cards, see what you've got, and pick which one to charge. :p
I thought the same thing. Must have some sort of double click or click pattern that only you know.
Re: Coin
#79I wonder how this would fare in an ATM. What happens if the ATM accidentally presses the card selection button? If the ATM gobbles the card, now you've effectively lost your entire wallet. What happens if the cashier presses the card selection button while running your card too? Oops, now your boss wants to know why you've just paid for your groceries on the business credit card and why you've cloned your business cr…
In regards to accidentally pressing the card selection button, I think a simple idea would be some sort of "hold to lock" functionality. You hold down the selection button for 3 seconds or so and the currently selected card is "locked in" until you perform the action again.
EDIT: What the person above me said =)
Re: Coin
#80Feel free to use my referral code.