{"id":16693,"date":"2013-11-27T09:01:42","date_gmt":"2013-11-27T13:01:42","guid":{"rendered":"http:\/\/devwp.davison.com\/blog\/?p=16693"},"modified":"2017-08-21T13:38:32","modified_gmt":"2017-08-21T17:38:32","slug":"this-startup-is-taking-a-swipe-at-the-future-of-credit-cards","status":"publish","type":"post","link":"https:\/\/www.davison.com\/blog\/this-startup-is-taking-a-swipe-at-the-future-of-credit-cards\/","title":{"rendered":"This Startup is taking a \u2018Swipe\u2019 at the Future of Credit Cards"},"content":{"rendered":"<p>Most inventions aim to solve a problem. In the instance of <em>Coin,<\/em> their invention aims to lessen the load of a heavy wallet, not by using all of your money to buy their product, but to in fact, find a better way to condense the contents of your wallet.<\/p>\n<p>A San Francisco startup by the name of <em>Coin<\/em> recently announced its first product. \u00a0This new invention is a credit card-sized device that has the capability to digitally store up to eight credit, debit, gift or membership cards and allows you to switch between them by pressing a circular button on the card\u2019s surface. Additionally, you also can swipe the <em>Coin<\/em> in any conventional reader or ATM machine as if it were the original card.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-16694 aligncenter\" title=\"Coin\" src=\"https:\/\/www.davison.com\/wp\/wp-content\/uploads\/2013\/11\/Coin-300x200.png\" alt=\"\" width=\"300\" height=\"200\" \/><\/p>\n<p><em>Coin<\/em> is able to work due to the patent-pending magnetic strip that changes the demand on the card. The device will ship with a small reader that can be used to scan cards into the <em>Coin<\/em> mobile app. The app will then sync with the device itself over Bluetooth Low Energy (BLE), which is the same technology that is used by fitness trackers and smartwatches. The battery for this new invention lasts two years and the makers of <em>Coin<\/em> say that the battery powers a tiny display that shows the last four digits of the card that you chose to use as well as the expiration date and CVV.<\/p>\n<p>So, you have all of your cards on one sole device, but what happens if you lose the card? Well, thanks to the BLE technology that powers the syncing of your phone, if you were to leave it behind at a restaurant, for example, your phone will alert you once you walk away.<\/p>\n<p>Let\u2019s take a look at promo video for this awesome invention.\u00a0 Who knows, maybe next year, you\u2019ll be using your very own <em>Coin<\/em> to purchase those steals and deals at the mall on Black Friday!<\/p>\n<p><iframe width=\"425\" height=\"239\" src=\"\/\/www.youtube.com\/embed\/w9Sx34swEG0?rel=0\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p><em>Copyright Davison 2013<\/em><\/p>\n<p><strong>Source:<\/strong><\/p>\n<p><a href=\"http:\/\/www.theverge.com\/2013\/11\/14\/5103820\/coin-electronic-card-to-hold-all-your-credit-cards\">http:\/\/www.theverge.com\/2013\/11\/14\/5103820\/coin-electronic-card-to-hold-all-your-credit-cards<\/a><\/p>\n<p><strong>Media:<\/strong><\/p>\n<p><a href=\"http:\/\/www.youtube.com\/watch?v=w9Sx34swEG0\">http:\/\/www.youtube.com\/watch?v=w9Sx34swEG0<\/a><\/p>\n<p><a href=\"http:\/\/cdn2.sbnation.com\/assets\/3569697\/coin_560.png\">http:\/\/cdn2.sbnation.com\/assets\/3569697\/coin_560.png<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most inventions aim to solve a problem. In the instance of Coin, their invention aims to lessen the load of a heavy wallet, not by using all of your money to buy their product, but to in fact, find a better way to condense the contents of your wallet. A San Francisco startup by the &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,793],"tags":[1476,1477,72,1478,8,1479,376],"class_list":["post-16693","post","type-post","status-publish","format-standard","hentry","category-innovation-2","category-innovative-inventions","tag-coin","tag-credit-card","tag-innovation","tag-innovative-invention","tag-invention","tag-startup","tag-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This Startup is taking a \u2018Swipe\u2019 at the Future of Credit Cards - Davison<\/title>\n<meta name=\"description\" content=\"Davison confidentially works with people to develop their new product ideas. The inventions have sold in Wal-Mart, Target, Lowes, Amazon and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.davison.com\/blog\/this-startup-is-taking-a-swipe-at-the-future-of-credit-cards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Startup is taking a \u2018Swipe\u2019 at the Future of Credit Cards - Davison\" \/>\n<meta property=\"og:description\" content=\"Davison confidentially works with people to develop their new product ideas. The inventions have sold in Wal-Mart, Target, Lowes, Amazon and more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.davison.com\/blog\/this-startup-is-taking-a-swipe-at-the-future-of-credit-cards\/\" \/>\n<meta property=\"og:site_name\" content=\"Davison\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DavisonInvent\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-27T13:01:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-08-21T17:38:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.davison.com\/wp\/wp-content\/uploads\/2013\/11\/Coin-300x200.png\" \/>\n<meta name=\"author\" content=\"nikki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Davison\" \/>\n<meta name=\"twitter:site\" content=\"@Davison\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"nikki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"This Startup is taking a \u2018Swipe\u2019 at the Future of Credit Cards - Davison","description":"Davison confidentially works with people to develop their new product ideas. The inventions have sold in Wal-Mart, Target, Lowes, Amazon and more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.davison.com\/blog\/this-startup-is-taking-a-swipe-at-the-future-of-credit-cards\/","og_locale":"en_US","og_type":"article","og_title":"This Startup is taking a \u2018Swipe\u2019 at the Future of Credit Cards - Davison","og_description":"Davison confidentially works with people to develop their new product ideas. 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