Wallets these days are getting bigger and bigger. More cards, ranging from gift cards to credit cards, and more cash have been appearing in wallets everywhere. Minimalism has been a big trend these days, especially in Kickstarter, with many many minimalist wallets coming to market. That may be good for some of us, but I know for a fact I need all the things in my wallet and can’t just give up one. Cards, the item which takes up the most space, are unfortunately the most important part of a wallet. You can’t just leave them out. But the creators of Coin came up with a new way to slim you wallet.
Coin is a card. But it isn’t just any card. It looks like a regular card from the back, with fine print and a bar to sign on, but on the front, it looks very odd. That’s because it is completely devoid of numbers or logos or anything to identify it as Chase or Wells Fargo. On the front, there is a screen and a circle underneath. That’s it. Coin can afford to do this because it isn’t a credit or debit card for any particular company. It’s one card for all, and all cards for one.
Coin
That’s what makes coin special. The one card can be used as any card, of any type. Even membership cards. To add a card, just open Coin’s application and insert coins card reader, and swipe. The card will then be visible in the tiny screen on the card when you hit the button. You can scroll through the different cards, and when you find the one you can to use, you can just swipe. To make it easy, you can have the card say “shop”, “work”, or “starbucks”(for gift cards) so that you don’t have to figure out which card to use.
Not only does Coin slim you wallet, but it also alerts your phone when your Coin is not near you, averting situations with lost wallets. The Auto-Lock feature even disables Coin when you are not near or left it behind. Really, this is a product Coin is a product that is so practical anyone could benefit from it. Even if you only use one or two cards anyway, the Auto-Lock feature is the key to everything. Some new technology is really not necessary to the average consumer until it is more developed, but if it works like they say it will, and it most likely will, Coin is one of the most useful and self-assuring product I have ever seen.
The first thing you think of when you leave your house is often “Where’s my wallet?” or “Where’s my phone?”. Those two objects are such a part of everyday life, that you can’t leave home without them. Your wallet/purse is even more important, because it holds your extra cash, credit cards, and ID. But what if you didn’t need a credit card? That’s where PayTango comes in.
PayTango is a new way of biometric paying. Biometrics have been bursting in many fields, such as smartphone authentication. PayTango is hoping to harness the power of something everyone has and is unique for everyone: your fingerprint. Imagine taking all your cards, such as your debit, credit and ID cards, and associating them all with your fingertips, bearing a wallet obsolete (unless you have extra cash).
Security is another big issue that PayTango takes care of. You could even leave you credit cards at home. Everyone knows that your fingerprint is unique, so unless the thief has compete access to your fingers, he’s out of luck. For some things you would have to keep your credit card with you, like using a ATM (which, sooner or later, may integrate PayTango technology) and associating your fingers with your cards at the start. But most of the time, you won’t even need you credit cards. And if most of the stores in your area embrace PayTango, credit cards wouldn’t be needed at all. That’s what biometrics offers. Biometrics help make things easier, safer and faster. Just imagine walking into a shop, picking out what you want, and in 1 second, checking out. Lines would go by faster than the cashier could say, “That would be $5.99.” The future of shopping is bright.
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