I don't think I want to charge my card every night. That seems to render the added convenience invalid. Also, not a viable option for traveling.
Plastc Card
121–130 of 356 posts
Re: Plastc Card
#122This is a faster horse, not an automobile.
Automobiles don't get invented every day, or indeed every year. In a world where the horse is king, a faster horse is a good thing.
Re: Plastc Card
#123Whilst I wouldn't go as far as to say "never going to happen", I am fairly cynical about this and similar products like coin. Not for any particular technical reason (although I'd be very interested to hear how they plan to make this work with Chip & PIN) but from a risk/liability perspective. At the moment most banks that I'm aware of provide an online fraud guarantee and a credit card fraud guarantee, so as long as…
> loss of branding on their cards and the additional fraud risk Loss of branding is a fair point, but I think this would reduce fraud risk. Automatically deactivating itself when lost or stolen more than makes up for the risk of trusting Plastc.
Possibly although the attack surface of this kind of solution is quite a bit bigger than that of a traditional card. Introducing complications like smartphone apps and increased complexity of programming on the card itself, has quite a bit higher potential for exploitable bugs compared to a traditional Chip & PIN card.
Re: Plastc Card
#124Earlier quoted context omitted.
The prospect of getting away without a wallet is exciting to me! If I could get down to just driver's license, this, and billfold, that'd be pretty cool.
I would pay 2x what they're asking if it worked like it's supposed to, and I could leave everything else behind. But realistically, I think mobile payment systems are much more likely to succeed. Plus, I already have my phone with me anyway, and it doesn't seem too far fetched that it could provide all the info on my driver's license. So with that and widespread adoption of ApplePay (or whatever ends up succeeding in…
And why wouldn't you want all your financial and government information sitting on a single computer, network accessible, and running gigabytes of random software, much of which uses the network.
What could possibly go wrong?
Re: Plastc Card
#125What would actually be slightly lower in cost and leverage existing infrastructure better would be this Plastc card but remove the bluetooth, the touch interface, chip-n-pin, and the internal battery. Just have an app on your NFC phone and have it send the card data over NFC to the card when you want to use it. In this way you could just have an app on your phone which can work with the bank over the Net to generate…
Yes. Keep all your financial information on a general purpose consumer computer accessible over the network, and never worry about the safety of your financial data ever again ;)
Re: Plastc Card
#126I really like the idea, but at $155 this is a luxury item for people who have disposable income. Also, with the release of Apple Pay, I truly think eventually all brick and mortar businesses will support paying with your phone.
>eventually all brick and mortar businesses will support paying with your phone There are brick and mortar businesses that don't even support credit cards. It could be a long time before all brick and mortar businesses support phone payments.
Very few.
If 90-95% support this, and they will, very soon, that's plenty.
Re: Plastc Card
#127What need does this address? Are cards taking up too much room in people's lives? This solution doesn't reduce the height or width of the encumbrance at all, and reduces the depth only by n*.76mm, where n is the number of cards that will be replaced. I don't get it. Also, http://c2.com/cgi/wiki?TheZenOfProgramming
For me, the remote-wipe ability is a killer app. Currently, when I lose a physical card, I have to go through a painful get-a-new-card procedure that involves going to my major websites and giving them my new card #.
With remote wipe, when I lose my card I just remote-wipe it and order a new one. Also, this card will warn me when I'm too far from it so I won't be as likely to leave it behind.
Re: Plastc Card
#128Hmm, I thought this might be what Coin turned into but I see that onlycoin.com is still taking pre-orders for their all-in-one card. I get the consumer appeal but find the appeal for the banks less strong. I would love a one time credit card app where every time you swiped it, it changed numbers. And it seems making the card 'smart' like this could enable that sort of thing.
Has anyone received their Coin? I ordered in December and still have yet to receive it.
Re: Plastc Card
#129Am I the only person here who still prefers to carry a wallet and pay with cash?
I prefer paying with cash. But I don't keep the cash in my wallet--I hate wallets. But for my ATM card, various credit cards (used for large purposes), and driver's license, I'd go without a wallet. The one I currently use is a small one anyhow, intended as a business card holder.
Pick pockets aren't as common as they once were, at least in the U.S., but I never use my back pockets for anything. Even disregarding pick pockets, it's much easier to lose stuff that way, like when getting on and off a bus. So pocket space is at a premium for me, especially after I relented and bought a cell phone, which keep getting bigger and bigger. (And I would never keep my financial data on a cellphone, even if they promised it was safely embedded on a crypto chip... I just wouldn't trust them to have done it properly.)
Frankly, I think Plastc seems quite useful, at least superficially. The devil is in the details.
Re: Plastc Card
#130What need does this address? Are cards taking up too much room in people's lives? This solution doesn't reduce the height or width of the encumbrance at all, and reduces the depth only by n*.76mm, where n is the number of cards that will be replaced. I don't get it. Also, http://c2.com/cgi/wiki?TheZenOfProgramming
This and Vessyl feel like the harbingers of Silicon Valley doom. Products that solve no meaningful problem and cost orders of magnitude more than their 'dumb' alternatives. A waste of good brains.
They are targeting women with this device. Look at all the marketing materials. Female main characters, a woman is in the facial recognition part, 'you shouldn't buy this for yourself, buy it for your female wife', clothing shops & restaurants, etc.