Less than a week after announcing its credit card-sized digital wallet, startup Coin has hit its initial pre-sale goal and is adding a few new features, as well as answering some questions that have worried potential buyers. The Coin card is designed to replace credit, bank, gift, and loyalty cards by letting users scan them into a single device that syncs with a phone. Once users scan cards, they can flip through them with a single button before handing the Coin to a cashier or swiping it themselves like an ordinary card. It's a convenient solution, but it also raised some obvious risks. Will your money become useless if your phone dies? Can a cashier or waiter accidentally hit the button and swipe the wrong card? Can Coin owners...
via The Verge - All Posts http://www.theverge.com/2013/11/20/5125590/coin-card-replacement-adds-new-features-addresses-security-concerns
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