{"id":4560,"date":"2013-12-12T18:27:00","date_gmt":"2013-12-12T18:27:00","guid":{"rendered":"https:\/\/evssolutions.com\/google-card-vs-coin-who-will-win\/"},"modified":"2023-04-19T19:29:44","modified_gmt":"2023-04-19T19:29:44","slug":"google-card-vs-coin-who-will-win","status":"publish","type":"post","link":"https:\/\/evssolutions.com\/insights\/google-card-vs-coin-who-will-win\/","title":{"rendered":"Google Card vs. Coin Who Will Win?"},"content":{"rendered":"

The idea and implementation of Google Wallet has been a
\npopular topic lately.After the release of Googles virtual wallet Google also
\ndecided to release a physical card, which you can load a debit or credit card
\nonto and use it in conjunction with your virtual Google wallet and app.<\/p>\n

The problem with only carrying a virtual wallet is, what if
\nyour phone dies or you drop it and the screen cracks? You would have no access
\nto money at all. Technically you will always have to carry your wallet on you
\neven with the virtual wallet. Maybe thats why Google came out with the
\nphysical card? With Googles card you have to fund it with an actual credit
\ncard or your checking account. The card is powered by MasterCard and currently
\ncan only be used in the US. Adding features like NFC<\/a> and EMV<\/a> can help this card become more useful for
\nconsumers.<\/p>\n

\"2gc\"<\/p>\n

<\/p>\n

So youve probably heard of Google wallet and their new
\ncard, but have you heard of
Coin<\/a> yet? Its
\nam interesting startup thats been generating a lot of buzz around the Internet.
\nCoins goal is to combine all of your cards into one single smartcard that can
\nbe used like a normal debit or credit card.<\/p>\n

\"coin2\"<\/p>\n

<\/p>\n

Coin uses Bluetooth to communicate with your smartphone via
\nan app. Using a card reader (Similar to Square), you can swipe up to 8 cards
\nonto Coin and the app stores unlimited cards. Coin has a small button and LCD
\ndisplay screen on it, which allows users to cycle between cards. Coin can be
\nlocked before handing it off to a waiter or clerk for payment. It will also
\nalarm you if it is swiped multiple times. One of the coolest features is
\nprobably the ability for Coin to alert you once its out of your vicinity and deactivate
\nitself after a period of time predetermined by you. Coin also has plans to be
\nfully functioning globally with Europay, MasterCard and Visa. Keep in mind
\nthere is an introductory price for Coin though.<\/p>\n

While these cards are innovative and seemingly more advanced
\nthan the virtual wallets and cards weve seen to-date there are some security
\nquestions regarding fraud. A fraudster can potentially buy Coin and load all of
\ntheir fraudulent cards onto it for easy transactions. Is there a feature that
\nverifies and authenticates one user per Coin? Without that step in the setup
\nprocess criminals could put many different cards onto one Coin for easy access.
\nCurrent and future payment cards like these need to have an in-depth account
\nestablishment process to
verify users
\nidentities<\/a> with their cards from the get-go so that a criminal isnt taking
\nadvantage of these technologies.<\/p>\n

Would you use Google wallet, their card or Coin? Connect
\nwith us on
Twitter<\/a> and tell us what you
\nthink.<\/p>\n

[Contributed by EVS Marketing]<\/p>\n

<\/p>\n

<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The idea and implementation of Google Wallet has been a popular topic lately.After the release of Googles virtual wallet Google also decided to release a physical card, which you can load a debit or credit card onto and use it<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-4560","post","type-post","status-publish","format-standard","hentry","category-phone-verification"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4560"}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4560"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4560\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}