Coin launches new second-gen smart card with NFC; all current users get free upgrades


Coin was the first company to announce a smart card solution capable of replacing all of the credit cards in your wallet with a single device that could securely store account data and switch between accounts on the fly. The company attracted a huge amount of attention from the media and raised millions through a crowdfunding campaign, but then things took a turn. Coin ran into manufacturing issues and missed its target launch date, angering would-be early adopters in the process.

Now, Coin is looking to make amends in two key ways. First, the company is preparing to launch a new second-generation smart card with new features never seen before in any rival offerings. Second, and most importantly, Coin will provide its new and improved card to all current Coin customers free of charge.

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