most likely chip and signature. Not chip and pin. Most us banks are only issuing chip and signature. Which is stupid in my opinion.
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'Plastc' Smart Payment Card Aims to Replace Card-Stuffed Wallets
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most likely chip and signature. Not chip and pin. Most us banks are only issuing chip and signature. Which is stupid in my opinion.
Yeah, I was surprised that the first time I used my EMV chip in the US was at a Walmart in rural South Carolina.
After pre-ordering a "Coin" early Spring, I certainly hope this launch is handled better. We were given a Summer launch date with an email confirmation, then not two days later a mass email stated it's now sometime next year. ~15,000 orders were given one as a beta. The main gripe with Coin is there is no phone number, only by email, and as a Kickstarter project our money was taken and many haven't received a word from Coin after numerous emails. Lots of orders have been canceled. I'd cancel mine but I got a few friends to sign up which gave me credits, although I may have lost a few friends lol. Oy.
I'll be checking this one out, if it's better handled and with an earlier launch date, I'll cancel Coin.
I'll be checking this one out, if it's better handled and with an earlier launch date, I'll cancel Coin.
Your "could be launched now or in 8 months" prognosis is in contradiction with their statement that it is "expected" to launch next summer, which is, best case scenario, over 8 months from now. Fortunately by that time we will all have a clearer idea how prevalent thePay system is. I suspect that a combination of both would be ideal IF the security of this card is sufficient.
Sorry, not quite what I meant. Poorly worded on my part.
I mean regardless of when it launches, it would be instantly usable.
If, for argument sake, it was ready and fully tested, it could be launched now (I'm not saying there's a chance it would launch now) and be widely supported already. Point being, no apple pay style rollout needed. It works with existing tech as is.
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Even if apple pay becomes a success, I'd still use this card.
It's the all-in-one function I like. I use an nfc card to access work's car park. A different swipe card to enter the building. A swipe card for my "Unlimited" account at Cineworld. Nfc to access the caravan site where my caravan is. Oyster card for public transport (if I had an Oyster card..).
That's 5 cards I might use that could condense into one, that "Apple Pay" (or iPhone NFC) isn't going to support any time soon.
nope
No. They will be everywhere by October 2015. After then, any merchant without a chip-reader one is liable for fraud that occurs there. Word will get around fast - such a merchant will have lots of extra "business". Since merchants have to replace/upgrade their readers, do you think they're buying ones without NFC? No - industry data suggests that it's close to 100%.
No. They will be everywhere by October 2015. After then, any merchant without a chip-reader one is liable for fraud that occurs there. Word will get around fast - such a merchant will have lots of extra "business". Since merchants have to replace/upgrade their readers, do you think they're buying ones without NFC? No - industry data suggests that it's close to 100%.
"Apple Pay? Really?
Oh. NOW you tell us.
Well, I suppose we could write games from now on..."
says who? do you have some inside info on this? Apple pay can be launched in UK any time (frankly I don't know why Apple is not doing this already). All it needs is NFC support by merchants which is already quite common in UK.
the article says it will start shipping next summer. that's assuming there are no delays. really, given that it's not backed by either google or Apple, and given its price this product doesn't have a snowball's chance in hell to compete with ApplePay or Google wallet.
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Same, I tried swiping it and it wouldn't let me process. The clerk came over and was like you have to stick the card in. I was mind blown
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Credit can be evil if you're not careful or smart with it. I have my credit cards but never spend more than I have or am willing. In turn, I get free money every month in rewards for buying things I need / would otherwise be paying cash/debit
i was on the coin pre-order list... i got an email saying that due to the delay, i could be sent a beta card to use in the meanwhile, and then when the released product is out i would upgrade. well, i signed up as they said, downloaded the app and claimed my coin when they sent the email out. i waited and heard nothing, and then after checking the coin app was told "sorry, you didn't make the coin beta." -- i cancelled the pre-order and will move on. this looks a lot better (chip+pin is standard basically everywhere else in the developed world and i travel a lot) but just the same, NFC/touchless will ultimately win out. it'll be a year before apple decides to open up their NFC functionality in the 6 (that's my prediction) so until then i'll just keep carrying a few different cards and deal with it.... but yeah, as far as im concerned, Coin started out cool and turned into a total flop. waited way too long.
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already in use everywhere else in the world. the US is far behind in many many ways, this is one of them. people looked at me like i had 3 heads while i was in Iceland/Paris/Sweden last month, swiping and signing a piece of paper to purchase things. embarrassing. people were actually confused by it.
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already in use everywhere else in the world. the US is far behind in many many ways, this is one of them. people looked at me like i had 3 heads while i was in Iceland/Paris/Sweden last month, swiping and signing a piece of paper to purchase things. embarrassing. people were actually confused by it.
I got so tired of those loyalty cards and so much junk that I did and pick and choose to carry what I really need, and try to keep some in my desk or car in case I need it. But I got a Belroy Hide & Seek Wallet for Father's Day that is really nice and helps with the slimming.
Wait wait wait, so the CEO is optimistic about a technology whose strong point is that customers aren't used to NFC style payment yet? Implying that once customers DO get used to NFC style payment that this company's product would fall out of favor? Sounds great, where do I sign up?
I guess we can look forward to this being a footnote on some obscure Wikipedia page in the near future.
Wearing my Pebble. Broke my Hand Stylus. Cancelled my MeterPlug, Coin. I'm a Kickstarter/Indie GoGo vet.
If you are banking (no pun intended) on this actually being available 'Summer 2015', you're likely in for a rude awakening.
Those who are down on Apple Pay succeeding, yet still think this will be released next year, much less successful, have their scenarios quite backwards.
If you are banking (no pun intended) on this actually being available 'Summer 2015', you're likely in for a rude awakening.
Those who are down on Apple Pay succeeding, yet still think this will be released next year, much less successful, have their scenarios quite backwards.
Honesty, I'm only basing that first point on the fact that apple's UK website doesn't list Apple pay, not even as a "coming soon" or "coming in 2015" like the Apple watch. Also iTunes radio. I forgot that even existed until a colleague mentioned it last week. We still don't have that in the UK either.
I do hope Apple prove me wrong.
And the now or 8 month thing, I worded that poorly. I mean if it was to be launched now, or 8 months time, or next summer, or anytime.. It's alreay supported everywhere that accepts any sort of card payment.
The Plastc is mostly platform independent (well, as long as the companion app will exist on that platform), so Apple camp and Google camp can take advantage, unlike Apple pay or Google wallet.
There's no waiting for banks to support it. There's no waiting for updated terminals.
It will also work with other cards, like nfc and swipe entry cards. I have to use two to get into work (nfc for car park, swipe for building access). The Plastc would replace both of those.
I then use a third card to buy my lunch, which could also be replaced.
Your first point that Apple could launch it any time, is like me making the point you're countering.
Sure Apple could launch it any time in the UK, but do you really rhink they will?
I bought an iPhone 6, but I'm not expecting to be able to use it for anything NFC related, so that wasn't a consideration when I bought it.
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I think there was already a statement from cook saying nfc is going to be restricted to just Apple Pay for the foreseeable future
Edit:
It wasn't cook, it was a spokesperson:
https://www.macrumors.com/2014/09/16/nfc-antenna-iphone-6-apple-pay-only/
While it looks cool, and it would be nice to carry fewer cards, I don't think most people want another device to keep track of. If NFC payments take off, it will be a feature that is loaded onto a smart phone or smart watch. And no, people who buy the Apple Watch aren't getting it to make mobile payments. That's just a small perk of the device.
The website mentions a device to add stuff.
Also shows it in their video.
And there'll be a companion app.
Via Twitter, I've learnt that to you "can add access cards by scanning the RFID tag with your smartphone."
I guess that means it's not supported for Apple users. I've tweeted for clarification on that point..
Ah, I understand. Certainly if the product as presented were available, and shown to be secure, I would be all over it. I am sure I am not the only one who has personal, business, and loyalty cards in excess of what can reasonably be held in a wallet. Imagine if certain kinds of government ID could be included on the card. It is a good concept and ostensibly will do things that
Pay does not according to what we know of it now.That said, I am a little skeptical that this level of tech is even possible in the next year. I look forward to seeing where this goes.
From what I've seen, it's getting there. I think all the pieces are there, just needs someone with the know-how to put them together properly.
This came to mind: http://www.wired.com/2013/12/a-tiny-speaker-made-out-of-paper/
Circuitry printed onto an a piece of paper. Pair that with small enough components, and you have yourself an advanced credit card sized all-in-one card.