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Coin Review: Is the future here? (Smart Credit Card)

2015-07-12
what's up everyone John render from TechnoBuffalo here it's not often I get introduce you to a entirely new line of products this is the coin it is one of the first smart cards at the market what a smart card is it's a normal credit card looking device that stores a ton of other credit cards with the idea everything be able to simplify our wallet so carry one card and in theory you have all of your cards with you so here is the box for coin it started shipping in April and cost $100 if you want some links on it or on know more about coin or want to pick them up for yourself we'll put a link down below I should also mention we have an upcoming video talking about another smart card Stratus we want to see which one's best for you just wait and we'll have that video for you soon so pretty simple inside the box getting started guide we've got a 3.5 millimeter card adapter similar to what you see with square I'm just gonna allow you to do is plug this into your phone iOS or Android and you can swipe your cards onto the device and then you can sync your cards over to the coin other than that that's really it so here is the device and I had a few big questions with it I've got my signature cover up and some other barcode information but your name will be emblazoned on the bottom as well as a normal signature strip you see on the most credit cards so looking at this it looks just like a regular credit card the same thickness as regular credit card it's got some bend to it as well feels more like a thick metro card and does an actual credit card as far as sort of weight and heft it's on the light side unlike traditional plastic cards coy matically locks itself down with each use don't have to worry that much about security and the mobile apps gonna keep track of your coins last-known location which can help you find your coin quickly if it's misplaced lost or stolen or you know you just happen to walk out and leave it there it's got a two year battery life in this really thin card the mobile app since we're in a limited amount of cards where the coin can hold me hold eight cards so here's a big deal about the coin it's got that one button right there go ahead and push it I'm gonna see a green light Latinos lots gonna check to make sure your phone is close by and as you load your cards on you can start to see the name of the card you can't customize that right now I'll tell you what it is the Visa Mastercard Amex I'll show you the last four an expiration date and you can push it again and cycle through it the one you leave it on is the card that's going to swipe it'll reprogram the magnetic strip and essentially it becomes that credit card and in theory you can swipe it and use it everywhere but we don't live in an ideal world my friends this worked for me about 85 90 percent of the time but that 10 50 percent was a little bit tough to rely on this as a dedicated card I found I was still tearing the same cards in my wallet that I had loaded on the coin I just couldn't quite count on it to work every single time and that is a problem if you look at the front of the bus it is all blocked the button and screamed what's missing is the chip and pin which is going to be mandatory for all merchants come October of this year so no support for that moving forward coin said that perhaps they'll offer a new device that can do that got a real eye though on the antiquated and magnetic strip that you're swiping together caveats here I did loan ATM card on here try using ATM machine it did not work in my bank's ATM or any third party Kim so bear that in mind when it did work though I usually got a lot of weird stares from people I didn't know what it was or how it worked or if he would even swipe it how to kind of tell them explain what this is so it's a coin it's a smart credit card a little different cards on here you can see it's an Amex I swipe it like a normal Amex the last four are shown right there and it'll swipe through so another question that I had was what if I just want to buy something online I need to see my full credit card the coin app will show you full credit card information casing to enter it online or if a vendor needs to see it card for some reason it'll show it built right into the application overall the experience was definitely mixed I wish I could have relied on this for one card I've kind of got a George Costanza wallet I've got everything crammed in and I really looking forward to simplifying my wallet and only carrying one car that did everything but at being able to use it as an ATM card that only working 85 90 percent of the time was definitely a problem it's a step in the right direction sort of the first but I think it's gonna be a future of smart credit cards that will ultimately work and work all the time but we're just not there yet I do want to say the set up process was seamless I was able to get my cards on here very easily without any issue I have set up and working from open out-of-the-box in just about five minutes I think s what do you think about the coin would you pick one up did you order one you're still waiting for it did you cancel your order I'd love to hear your thoughts on it leave it in the comments down below until next time I'm John Ryan Justin TechnoBuffalo you guys think black
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