Coin version 2.0 brings NFC to your credit cards
Coin version 2.0 brings NFC to your credit cards. The way Coin works is by storing all your credit cards on your phone and syncing them to the Coin card. The new 2.0 version adds NFC in “Early Access Mode”, allowing tap-to-pay at most, but not all retailers.
The Coin card can be bought today, but Coin says they are working on “additional partnerships” with banks and finical institutions. Meaning, right now cards that can be added are limited, but eventually more cards will be added for tap-and-go payments.
The new version also becomes thinner than before, allows you to assign a four-character name to cards, and accepts over-the-air updates. Not to mention, being twice as fast compared to version 1.0.
If you already have the first generation card, you will be happy to know, Coin is allowing free upgrades to 2.0 using the Android or iOS app. There is no extra charge, and you can check the shipping date through the app or Coin’s website. Those of you who would like to purchase a Coin card can pre-order one for $117.50.
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Source: Coin
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