Thursday, January 16, 2014

COIN: Must-Have for Gamers this 2014

E-banking is slowly making cash and coins extinct. However, coins specifically would be immortalized with this new smartphone product. Presenting Coin, a revolutionary method to manage and use all your credit cards into one single card. Your smartphone doesn’t have to function as a gaming device for online games anymore.


What is Coin?
The Coin comes with two tools: the Coin card (designed exactly like a credit card), and the little white card swiper tool that you attach to your phone. It works like this: you attach the card swiper to either an Android or an iPhone mobile device, and swipe the card you want to store to your Coin card. Then you take a picture of the card you just swiped so you know which is which in the Coin App. After storing your info, you now can use your Coin card as a mode of payment.

You can store credit cards, debit cards, membership cards, gift cards and all virtual cards. You can swipe this water-resistant (not water proof) card anywhere. It has also a Bluetooth-activated proximity feature that alerts you if your Coin card isn’t near you. Deactivating it is also easy if ever you lose it.

What are the benefits of using Coin?
Is having a non-fat, credit card-filled wallet the only advantage to using Coin? Not really. Here are a few more:
  • Better credit card use. You will be able to prioritize using only the cards you want to use. For example, you’re more of a traveler, so it’s wise to store your miles and rewards card only. Concentrating only on the cards that are truly beneficial to you (for example, your PlayStation card) is a sure way to get all those benefits, but also to maintain your good credit score. You can store up to only 8 cards per Coin card, so you don’t have to get confused about which card you’re supposed to use.
  • Save money. How can you save money with a tool designed for spending? Simple: you will be able to plan your purchases in advance (it’s important to keep track of online game stores that offer discounts). Having no cash on you will also prevent you from impulsive spending.
  • Save time. You won’t need to spend needless time picking from your credit cards if you’ve got one card that has everything you need.

What are the disadvantages of Coin?
As much as it’s exciting and beneficial to you, it’s a fact that it’s a new product. Here are a few points to consider:
  • Does not support EMV chip technology. There is a possibility banks outside the US that have EMV chips wouldn’t be able to accept Coin as mode of payment.
  • It’s disposable albeit a two-year lifespan.
  • It’s still a new idea. Are you willing to store all your info into the Coin server?
  • You might need more than one Coin card anyway. As mentioned above, you can store up to only 8 cards per Coin card (the Coin app can store unlimited info though). For people who have more than 10 cards, this may be quite of a problem since having more than 1 Coin card defeats its original “all card in one” purpose.
Where can I get Coin?
It’s not commercially available yet. However, if you believe its potential for greatness “to rule them all”, you can visit their website and pre-order now. Each Coin costs $50 if you order now. You can order up to 10 Coin cards. They accept VISA, Mastercard, Amex, and Discover as mode of payment. Shipping starts this summer.


For tech addicts and gamers everywhere, this is one of the best pieces of technology to have this year.


Do you think that Coin will reach international fame soon and be the world’s main mode of payment?
This article is exclusively written for gaming-zone-blog.blogspot.com by CompareHero.my. The Malaysia’s leading comparison website. This portal helps individuals in making the best decision by comparing rates from different credit card providers.

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