Still waiting for NFC to make ways or change the way we use digital payments?  Yeah, me and everyone else too.  This is where Coin comes into the mix.  Coin is a digital card that can replace your credit & loyalty cards as it works like a credit card where it can swiped, used in dip-style readers, and ATMs.

Coin can store up to 8 credit cards at one time but the Coin mobile app has no limits of the amount of plastic it can save.  Speaking of the mobile app it will be available for both Android & iOS.  In regards to security, Coin uses 128-bit or 256-bit encryption for storage & communication along w/ having the option of password protection.  In the event you happen to lose your Coin, after losing contact with the mobile app – it will deactivate itself.

Coins are expected to have a 2-year battery life as they will connect to your smartphone using Bluetooth 4.0 (BLE).  They aren’t expect to launch until Summer 2014 and if you pre-order now, you can get one for $50 instead of the $100 you will have to pay if you reserve one later.  Hit the link below to grab yours now.

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Categories: Mobile New Tech