“Coin, a new company today announcing that its first product is available for pre-order, intends to solve those problems while preserving everything that makes credit cards so popular. That product is an augmented credit card that can store multiple cards’ information, notify its owner when it’s been left behind, and disable itself when it’s far enough away from its owner’s smartphone. It’s basically an entire wallet condensed into a single card that complements smartphones without relying on them beyond its initial setup. Merchants won’t notice the difference, and consumers won’t have to struggle as they try to use their smartphones to pay for goods.”
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