Coin
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- 18 Responses
- BabySnakes
So this is happening. Seems more bad than good for the convenience.
https://onlycoin.com/
- CygnusZero40
Ok for something that's trying to be important, are jokes in the FAQ section really necessary? I get it on other sites, you see this on design sites all the time so they can show how personable they are, but on a product site? Dunno.
Q. Which is better; Tiger or Monkey style Kung Fu?
A. Depends on the terrain.- yeah...wrong place for thatdbloc
- Bet their designer saw this on a bunch of design sites and shoehorned it into this, where it doesnt belong.CygnusZero4
- They are selling something, not trying to get people to work with them. lol dopesCygnusZero4
- dbloc0
what happens if the waiter accidently hits the button again before she makes it to the register. It goes on a different card?
- ya concerns like that and merchants that want to confirm your cards is being used by you.BabySnakes
- CygnusZero40
I do like though how scrolling the site (so trendy now) has a real purpose. It shows you what this thing does. Dont know if this will ever go anywhere but its a nice example of how to make these long scroll pages useful without having to explain in words what this thing is.
- ESKEMA0
what about PIN numbers? In Portugal (and probably more places), they're moving away from magnetic swipes to chip cards, how does Coin integrate that? Lots of questions that it doesnt seam they thought of, or explaining them at least..
- monNom0
Card Skimmers and identity thieves are going to LOVE this product.
- doesnotexist0
i purchase everything with gold, so this does not apply to my lifestyle.
- orrinward20
Great presentation and very well put together video, but I'm not a fan of the product.
In the UK we have use CHIP+PIN for ages, and I'm not sure how this would work with that level of security.
If NFC does catch on this product is redundant.
It doesn't solve the biggest need for me, or people I know that have "massive wallet" syndrome. I only have 2 bank cards, so theres no real saving there for me. Friends that I bitch to about how much shit they have in their wallet - It's all receipts and train tickets, not cards.
Perhaps the credit-card culture is different in the states and most people have a shit ton of cards, but the returns are negligible unless you're regularly using 5 or 6 cards.
- orrinward20
Some places have started accepting Pingit as payment now as well. I pay for my local minicab service by Pingit and also get weed for the missus using it.
There are a lot of new products in this field and most of them are going away from needing extra hardware.
- ernexbcn0
First world problems.
- duckseason0
I feel a lot of businesses wouldn't accept this on the spot as there doesn't seem to be a way of proving it's yours. ie no name, signature, numbers etc.
- ESKEMA0
And basically, if the waiter has that app and thingy, he can clone all the cards he wants.
- app and thingydbloc
- Does seem like a ridiculously easy way to just copy someone's cards.duckseason
- xpxhxoxexnxixx0
no one wanted to really adopt google wallet 4-5 years ago when it came out. its purely digital, and not only that but you can edit things like default cards to pay with or for which stores to use which cards, etc in realtime. with this card thing i dont think you can. id rather go all digital and not need any cards than try to say, hey you only need one card instead. just my 2.
- oh and you have to constantly have bluetooth on, and carry around a swipe thingy?xpxhxoxexnxixx
- corrected myself, you can choose in realtime.xpxhxoxexnxixx
- xpxhxoxexnxixx0
also just wondering here- what if im a waiter at a swank restaurant and one night i get mad and decide that i already have a coin card (or i want to get one under some fake name or whatever), and for a week straight i just copy customers cards right onto my coin card. id have multiple cards from other people right in my pocket. i could sell the coin card for a ton of $$ to other theives, or, use it myself, since the physical card doesnt need to be present.
thoughts?- what did I say 2 posts up?ESKEMA
- so yeah, this thing doesn't seem to be well thought.ESKEMA
- can't anyone do this with credit cards now? just copy CC info?scarabin
- Eskema, sorry my shit didnt load fast enough to see your post. my bad.
xpxhxoxexnxixx - lol, it's not a competition.. :)ESKEMA
- BabySnakes0
Would hope when adding a card there is more security than taking a pic with the app to verify it.
- ernexbcn0
- Bank cards use a pin in the US too, but you can also ring them through as credit without a pin.CygnusZero4