I carry my iPhone around with me regardless of Apple Pay. Being able to use Apple Pay is an added benefit.
With Coin, it is meant to replace 4 of my credit cards. Ideally I would like to carry just Coin in my wallet and be done with it. Since Coin has issues certain places, I can't leave the house without my wallet of 4 other cards, rendering the value of Coin to be somewhat pointless for many people.
Right, the point being, you still can't leave your wallet at home and count on ?Pay. So saying Coin is pointless is not really any different, especially in light of this article that it will add contactless convenience. So now the products are equitable. Both add convenience, and especially for those who don't have an iPhone.
I do take your point however, that you're carrying your iPhone already, and this is adding a card. But it does give you the ability to leave your wallet in the car, as I do many times just taking the card I need. And presumably, just like ?Pay there's a break-in period where you learn where it is accepted and where it's not. I don't know how widespread the compatibility problem is, and who knows, once everyone upgrades their POSTs that will solve the problem, and certainly NFC should. If it works at every stop along your daily commute then you're set. So, I think it's still pretty early to write off the benefits of this technology, especially considering the tumultuous transition to chip and signature we're about to weather.
Using coin, I can put Coin in together with my iPhone in a single leather case. Don't forget: the world is big, and ApplePay doesn't work in most countries and isn't even supported by Fidelity's debit cards yet. The Coin app allows you to store a picture of the original card, so retrieving the number for manual entry is possible if used in combination with an iPhone. Only trouble I had so far: ATM machine spitting it out, likely because it's a bit thicker than a regular card; the new one being thinner might solve that problem. Bigger issue is that the unlocking of the card over BT sometimes isn't as automatic as it should be, so better make sure the card is unlocked before you queue up to pay, otherwise people might get antsy as you fiddle with coin getting it ready to pay. Even if I carry my standard card with me as backup, it reduces the number of cards to three (DL, Coin, backup card) eliminating 4 other cards. 3 or 7 cards in an iPhone case: big difference! So clearly the card solves a problem even though there is room for improvement.
Don't forget: the world is big, and ApplePay doesn't work in most countries and isn't even supported by Fidelity's debit cards yet.
Don't forget: the world is big and magnetic stripe cards don't work in most countries, including the United States, once you have a chip card and the merchant has a chip terminal.
Comments
Not exactly.
I carry my iPhone around with me regardless of Apple Pay. Being able to use Apple Pay is an added benefit.
With Coin, it is meant to replace 4 of my credit cards. Ideally I would like to carry just Coin in my wallet and be done with it. Since Coin has issues certain places, I can't leave the house without my wallet of 4 other cards, rendering the value of Coin to be somewhat pointless for many people.
Right, the point being, you still can't leave your wallet at home and count on ?Pay. So saying Coin is pointless is not really any different, especially in light of this article that it will add contactless convenience. So now the products are equitable. Both add convenience, and especially for those who don't have an iPhone.
I do take your point however, that you're carrying your iPhone already, and this is adding a card. But it does give you the ability to leave your wallet in the car, as I do many times just taking the card I need. And presumably, just like ?Pay there's a break-in period where you learn where it is accepted and where it's not. I don't know how widespread the compatibility problem is, and who knows, once everyone upgrades their POSTs that will solve the problem, and certainly NFC should. If it works at every stop along your daily commute then you're set. So, I think it's still pretty early to write off the benefits of this technology, especially considering the tumultuous transition to chip and signature we're about to weather.
This is never gonna die. Even after Beats pays for itself people will steal be screaming about the deal.
I never received the first Coin card I ordered.
Don't forget: the world is big, and ApplePay doesn't work in most countries and isn't even supported by Fidelity's debit cards yet.
The Coin app allows you to store a picture of the original card, so retrieving the number for manual entry is possible if used in combination with an iPhone.
Only trouble I had so far: ATM machine spitting it out, likely because it's a bit thicker than a regular card; the new one being thinner might solve that problem.
Bigger issue is that the unlocking of the card over BT sometimes isn't as automatic as it should be, so better make sure the card is unlocked before you queue up to pay, otherwise people might get antsy as you fiddle with coin getting it ready to pay.
Even if I carry my standard card with me as backup, it reduces the number of cards to three (DL, Coin, backup card) eliminating 4 other cards.
3 or 7 cards in an iPhone case: big difference!
So clearly the card solves a problem even though there is room for improvement.
Don't forget: the world is big, and ApplePay doesn't work in most countries and isn't even supported by Fidelity's debit cards yet.
Don't forget: the world is big and magnetic stripe cards don't work in most countries, including the United States, once you have a chip card and the merchant has a chip terminal.