Plastc (new Coin?)
Oct 9, 2014 | 6:03 pm
#18
Join Date: Nov 2012
Posts: 3,537
Nov 2, 2014 | 5:42 pm
#20
Join Date: Aug 2009
Location: NYC
Programs: UA, BA Avios, AMEX Plat
Posts: 529
Plastc - All in one credit card done right!
Plastc is what Coin should have been. Canceled my coin pre-order and went with this instead. Pricier but solves most of the problems with coin regarding chip+sig/pin. E-ink touchscreen to show current card information.
Ships Summer 2015.
They have a $20 off referral promo, I have started a thread in S.P.A.M for anyone interested. No referrals here please.
Ships Summer 2015.
They have a $20 off referral promo, I have started a thread in S.P.A.M for anyone interested. No referrals here please.
Nov 3, 2014 | 6:40 am
#21
Join Date: Jun 2008
Location: YVR
Programs: Aeroplan, AAdvantage
Posts: 2,107
Ahem and they will be able to put a battery and a screen in the thickness of a credit card?
And also they will break the EMV standard and copy out the secret from the chip on your card that is specifically designed to be uncopyable? Or partner with every bank in the world so that they can recreate cards on the fly? That will happen, obviously. LOL.
In terms and conditions:
Caveat emptor.
And also they will break the EMV standard and copy out the secret from the chip on your card that is specifically designed to be uncopyable? Or partner with every bank in the world so that they can recreate cards on the fly? That will happen, obviously. LOL.
In terms and conditions:
Pre-orders are final and non-refundable upon receipt by Plastc of the corresponding payment, however, refunds will be issued if the pre-ordered products and Services are deemed by Plastc as undeliverable and to the extent of available assets for refund. We are engaging in a new industry, and there is no assurance that the products and Services will contain all of the characteristics set forth herein or in our marketing materials.
Last edited by chx1975; Nov 3, 2014 at 6:51 am
Nov 3, 2014 | 6:55 am
#22
Join Date: Aug 2009
Location: NYC
Programs: UA, BA Avios, AMEX Plat
Posts: 529
Well, they have listed multiple banks they have partnered with.
https://www.plastc.com/wallet
I suspect they will use similar methods that Apple Pay/Google wallet use where they use a virtual card system.
https://www.plastc.com/wallet
I suspect they will use similar methods that Apple Pay/Google wallet use where they use a virtual card system.
Nov 3, 2014 | 8:19 am
#23
Join Date: Jun 2008
Location: YVR
Programs: Aeroplan, AAdvantage
Posts: 2,107
The following banks Plastc Wallet will support balance and transaction history.
Nov 3, 2014 | 9:41 pm
#26
FlyerTalk Evangelist
Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Platinum
Posts: 15,744
Ultimately all of these card replacements will fail, even if they have EMV. The US looks like it's going to leapfrog contact EMV and go straight to phone-based contactless except as a fallback. Plastc may have had a shot before Apple Pay made NFC cool again, but it's too late now. Especially when people can use their smartphones or existing cards for tap to pay for free, and especially since the return policy on this is even worse than Coin's.
Nov 4, 2014 | 9:33 am
#28
FlyerTalk Evangelist
Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Platinum
Posts: 15,744
Nov 4, 2014 | 8:04 pm
#29
Join Date: Nov 2012
Posts: 3,537
Ultimately all of these card replacements will fail, even if they have EMV. The US looks like it's going to leapfrog contact EMV and go straight to phone-based contactless except as a fallback. Plastc may have had a shot before Apple Pay made NFC cool again, but it's too late now. Especially when people can use their smartphones or existing cards for tap to pay for free, and especially since the return policy on this is even worse than Coin's.
2. You're living a dream if you think the US will end up being a primarily contactless/mobile payment country. This isn't based on any hard facts so don't ask for them, we'll just see in a year who was right. Cards, contact or contactless, are a better experience than paying by phone. I only use my phone because it's more secure than magstripe, but now I'm just using my contactless Amex in those situations.
Nov 4, 2014 | 8:30 pm
#30
FlyerTalk Evangelist
Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Platinum
Posts: 15,744
1. Plastc has a contactless interface. What will be enabled is the question.
2. You're living a dream if you think the US will end up being a primarily contactless/mobile payment country. This isn't based on any hard facts so don't ask for them, we'll just see in a year who was right. Cards, contact or contactless, are a better experience than paying by phone. I only use my phone because it's more secure than magstripe, but now I'm just using my contactless Amex in those situations.
2. You're living a dream if you think the US will end up being a primarily contactless/mobile payment country. This isn't based on any hard facts so don't ask for them, we'll just see in a year who was right. Cards, contact or contactless, are a better experience than paying by phone. I only use my phone because it's more secure than magstripe, but now I'm just using my contactless Amex in those situations.
- The US is nearly universally chip and signature.
- This means there's already signature bypass for small purchases, saving time.
- Without something compelling (like a switch to PIN or a credible NFC contender like Apple), retailers without significant numbers of international visitors would definitely cheap out on their terminal upgrades and you'd find a lot of places where PIN for international visitors isn't even possible, let alone NFC.
- Because of the US' always online authorizing of transactions, few cards support offline transactions, let alone PIN. This cuts out a couple of steps from the normal contact EMV flow and saves more time.
- Online transactions are already pretty quick here. With the above optimizations, EMV without PIN only typically adds a second or so (from card insertion to card removal), not long enough where contactless makes a difference.
- Plus, we tried contactless before. It flopped, partly due to paranoia by consumers and partly due to a lack of merchant support.
I don't think we'll get there by October 2015, but contactless adoption will be quicker than it has been in other countries.