Tuesday, December 17, 2013

Coin

By Gary Lee

Have you you ever been standing in line getting ready to pay for your items and as you pulled out your wallet cards come flying out of it? I know I have. Having multiple Cards can be a hassle to some, so Kanishk Parashar created a device called Coin that allows you to store in any card with a magnetic strip into the device by simply using the coin app, taking a picture of the card numbers and you instantly save space in your wallet, but is it all worth it?   




Right now you can pre-order the Coin for the price of $50.00 with its Summer 2014 retail  price being 100.00. Before you get all that room ready for your wallet there's a few downsides to this device which could change in the future. For now you can only use the Coin as long as you're near your smart phone and it isn't dead, so if your phone dies get ready to wash some dishes because you will not be able to use Coin. 


But will coin even make it to 2014? With no major credit card companies backing the device and not knowing if retailers would even accept the device, it's still unknown. But with $50,000 worth of pre-orders sold within the first 40 minutes of it going on sale it could be an item to look out for. 

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