If you’re anything like us, you have a card in your wallet for just about everything. Credit card? Check. Amazon gift card grandma got for you last Christmas? Check. Starbucks rewards card? Duh. At a certain point it becomes downright burdensome to be lugging around all these cards at once. That problem ends today with Coin!
Coin is a credit-card sized device that enables users to store up to eight of their credit, debit, loyalty, gift, and membership cards in one place. It gives customers the ability to pay with both contactless and swipe payment systems. Simply launch the free Coin app, plug the provided card reader into the headphone jack, and swipe your cards through the reader. Press “sync” in the app, and you’re all loaded up!
Now, we know what you’re thinking: “In-person mobile payments are the future, and they also store all of your cards in one place! Apple Pay, anyone?” It may be true that the future of the industry is shifting towards mobile payments, but the reality remains that many merchants have yet to make the switch to their terminals. Apple Pay is now accepted at more than 1.5 million U.S. locations, and Android Pay at more than 1 million – while a sizeable amount, it does not so much as approach the total number of stores in the United States. Coin’s physical all-in-one card solves the issue of the bulky wallet, while keeping you linked to the current industry infrastructure at the same time.
We at Evol8tion are always looking for ways brands can get involved. MasterCard is ahead of the game, as they just two weeks ago announced a partnership with the smart card startup.