Coin, a new credit-card-sized device that behaves like a single credit card but can be used for many different accounts, is on the market. Coin is a connected device that consolidates multiple credit, debit, loyalty, and other card accounts and information in one card, and can be swiped to pay. Last week, we asked if you would use a device like this.
Many readers were unsure, 43% saying they would maybe use such an option. Only 21% said “yes” they would use one device for all payments.
One participant commented, “Mobile payment system already exists. Why should I use the card?”
Another said, “It depends upon how secure it is. It is possibly better to have many accounts, in case one is hacked.”
Are you interested in taking the industry’s pulse on a particular topic? Send your suggestions for survey questions to Morgan Laidlaw at laidlawm@bnpmedia.com.
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