Dec 02, 2013 04:49 PM EST
Coin is a Y-Combinator / K9 Ventures backed startup. challenge. Users can simply consolidate all of their cards “all in one coin.” The solution allows any type of swipe-able card to be stored in a single card. The device is available to ship in summer of 2014. Coin is powered via 128-bit encryption and compatible with Android. Coin expires in 2 years with its battery with a device notification. An Android version app is expected to launch in the near future.
Coin
Arduino-BLE Developer Kit
The company recently announced its new Arduino-BLE Developer Kit for Android developers. Developers can now use the Developer Kit to solve an existing BLE integration problem. BLE enables wireless communication for low-power devices. The devices are more durable and effective. The kit also is secure with automation.
Coin Arduino-BLE board is manufactured in the USA. Coin Arduino-BLE board, proudly designed and manufactured in the USA. Arduino and System Specifications MCU: Atmel ATMEGA328AU (32K flash, 2K RAM) with Arduino Pro Mini bootloader preloaded 3-18V supply range, regulated to 3V Clock: 8 MHz BLE Specifications BLE Chip: Texas Instruments CC2540 F128 (128K flash, 8K RAM) Clocks: 32.768 crystal and 32 MHz oscillator Antenna: Johanson 2450AT18A100E Balun: Johanson 2450BM15A0002E impedance match from CC2540 to 50 ohm Coin Arduino-BLE Board (middle) Coin Arduino-BLE Board (middle) BLE-Arduino boards also include 6-pin FTDI header pins.
According to Bain, Mobile banking via smartphone or tablet is coming on strong in many countries. In the U.S., mobile usage jumped to 32 percent of customers from 21 percent in 2011. Usage in 2012 ranges from 47 percent of respondents in South Korea to 37 percent in India to 16 percent in Germany. New omnichannel offering turns smart phones and tablets into a mobile card payments terminal, allowing merchants and retailers of all sizes.
The new San Francisco start-up company’s Bluetooth low-energy connect card device is capable of storing anything swipeable. From credit cards to gift cards, Coin is a non-rechargeable device and loads via a smartphone dongle. Android consumers can order the device at retail for $100.
Coin’s “all in one credit card” is will benefit to maintain relatively high customer loyalty scores. Android developers can also develop customer loyalty rewards and a loyalty system. Other long-term strategies involve revamping operations for stabilizing the capital levels and improve efficiency through omnichannel.