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Old 02-19-2014, 07:32 AM   #1
Silverlsinva


 
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This seems like a cool device.

https://onlycoin.com/

All your cards stored on one device so u don't have a bunch of cards in your wallet.
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Old 02-19-2014, 07:40 AM   #2
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Wow! That's awesome! I would def be interested in one of those.
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Old 02-19-2014, 08:09 AM   #3
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Seems like a cool idea. It looks like it only lasts about 2 years though and they dont cover replacement of a new card. You have to shell out the $100 everytime something happens like when the battery dies.
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Old 02-19-2014, 09:22 AM   #4
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1 card = 1 gold mine for a thief...
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Old 02-19-2014, 10:13 AM   #5
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Quote:
Originally Posted by HookemHorns View Post
1 card = 1 gold mine for a thief...

It is the same as losing your wallet with all you credit cards and driver's license.

But like you that was my first thought.
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Old 02-19-2014, 10:15 AM   #6
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Can't use it at an ATM. What happens if the store asks to see the card?
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Old 02-20-2014, 09:49 AM   #7
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Originally Posted by strych9 View Post
Can't use it at an ATM. What happens if the store asks to see the card?
You can use it at an ATM. That note was for international customers. All the information the store needs is displayed in the little screen such as expiration date, last 4 of card and the CCV number. And a thief can not use the card. There is an auto deactivate feature on the card once it has been separated from your phone for too long. There is a 7.5m range it has to be within from your phone to work. But if you dont have your phone with you or its lost power you can press a certain button sequence on the card to activate it for a short period of time. This is more secure than a credit card as the thief would need your phone or need to know the "password" to use it.

I just cant get past the replacement cost if you get it wet, damaged or the battery runs out. Otherwise I would jump on this.
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Old 02-20-2014, 12:05 PM   #8
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Originally Posted by irocnroll View Post
You can use it at an ATM. That note was for international customers. All the information the store needs is displayed in the little screen such as expiration date, last 4 of card and the CCV number. And a thief can not use the card. There is an auto deactivate feature on the card once it has been separated from your phone for too long. There is a 7.5m range it has to be within from your phone to work. But if you dont have your phone with you or its lost power you can press a certain button sequence on the card to activate it for a short period of time. This is more secure than a credit card as the thief would need your phone or need to know the "password" to use it.

I just cant get past the replacement cost if you get it wet, damaged or the battery runs out. Otherwise I would jump on this.
Badass. I'm very interested in this. I wonder if there would be any hesitation from retailers to accept it?
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