Coin may have been the one credit card to rule them all, but the Plastc card is the one card to hold them all. If you think I am talking some sort of Lord of the Rings cross over techno babble, I blame Julie for her first reference to this type of device. So, What’s Plastc? Plastc is a credit card sized device designed to hold the information of up to 20 of your credit, loyalty or gift cards in one secure convenient location. Similar to Coin, the Plastc card is programmed using your smart phone. The Plastc card has the following tech specs:
- Chip and PIN
- E-ink Touchscreen
- Bluetooth
- Flash Memory (up to 20 cards)
- Rechargeable Battery (30-day charge)
- Rewritable Magnetic Stripe
- Rewritable RFID/NFC
- Wireless Charging
The Plastc card has several security feature built into it such as a PIN code, proximity alerts, remote wipe and photo ID. The NFC chip and magnetic strip are disabled when not in use. The Plastc wallet app is used to program your Plastc card as well as monitor transactions and remote wipe your card. The card is designed to be charged wirelessly and will hold a charge for up to 30 days. The Plastc card is available for pre-order from the Plastc website and is slated to ship sometime in the summer of 2015.
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In the past few years there have been a few credit card replacements getting some press coin, stratos (fmrly: protean echo), loop, ePlate…
Most of them were coming out in 2012, 2013, 2014 and now 2015. Most seem like vaporware and really just a ruse for some small startup to be bought up by a bigger player.
Also many cashiers know if that have to check a CC for a signature they will most likely want a real card not some virtual card with e-ink even if it works – look at what happened when someone paid with $2 bills @ best buy http://www.wnd.com/2005/04/29732/ and they are legal tender (albeit rare now).
Personally I love the idea as I would rather only card one piece which can mimic all my other cards (cc, member, buyer, medical…NOT license/other gov’t id as that would be too messy) but really do no think they will see any traction for quite some time if at all.
They make it hard to pronouncec. Bad for marketingc.
At least it supports chip-and-pin, which is being pushed (nearly mandated) by the end of the next year. That’s a major problem for Coin.
Looks like this puts coin in the can…