So I know Coin was a hot topic a little while ago, and since then there have been some competitors (Plastc, Wocket, Swyp, Stratos). With Coin 2.0 out I was revisiting the idea of an all-in-one card. Years ago I said Coin would be DOA without EMV. Looks like it is having some big problems with acceptance and reliability. Kinda pointless to have an all-in-one that doesn't work 100% of the time.
Plastc and Swyp both have EMV and seem to be a large improvement over coin. But their ETA is Q1/Q2 2016. Plastc has more features than Swyp right now, mainly the e-ink can show barcodes. Plastc is currently $135. It will retail for $180 and require a $50/year subscription. Swyp is currently $89, but pre-ordering doesn't guarantee you get one in the next production batch.
Stratos is interesting as it is the only one that requires a phone for everything. It is cheap up front but has a $90/year or $145/2-year subscription. there are also rumors that it is the only card that banks support as it is based on a mobile payment app rather than card cloning.
The biggest question to me is how banks will view these cards. Earlier there was a question about fraud protection when you use a cloned card. Has there been any update on that front?
I know the push to mobile payments like Google's and Apple's are making these look a little obsolete, but for people like me, on windows phone, there is no mobile version in the works. (MS dropped the ball big time on that, but that is another topic). Plus I am more likely to leave my phone in the car than my wallet. I do have an android and ios device at home so updating card info isn't a big deal. I do worry about the security of locking the card if it is away from the phone for too long. Either I have a secure card that will lock if I lose it, or I have a card that can be used without having to carry an extra device.
I'm rambling a bit, butt I'm curious what others think of this. Do you have anything like this? Share your story. Would you get one? Why/why not?
Few extra links:http://coolmaterial.com/tech/the-race-f ... edit-card/http://thefinancialbrand.com/50830/mobi ... -analysis/