Coin is a mobile device that looks like a credit card.  Coin lets you combine credit, debit, gift, loyalty and membership cards and lets you shop at millions of merchants across the United States.

Introducing Coin Rewards

Introducing Coin Rewards

Secure, Convenient, Rewarding

At Coin, we are driven to provide our customers with security and convenience in their purchases. In our previous post, we showed the benefits of Coin 2.0 as a smart payment device that is compatible with both magnetic stripe and EMV/NFC systems. Today, we’re excited to announce the Coin Rewards program, which gives cash back for everyday purchases.


Now available on the latest iOS Coin 2.0 app, Coin Rewards enable earning for everyday purchases like coffee. Simply activate the reward you want, pay how you usually do, and immediately receive cash back in the form of gift cards.


Unlock more rewards when you order Coin.

With Coin Rewards, Coin pays for itself.


Coin Rewards For Everyday Purchases

From buying morning coffee to eating out with friends, Coin users have made over 2.5 million transactions. Based on the successful experiences people are sharing with us, we are building Coin Rewards to support the fun lives that our customers lead with a patent-pending intelligent method.

Rewards-Activate 4.png

Coin Rewards is a nationwide program with rewards available based on your location. Examples of Coin Rewards in the Bay Area include $5 for purchasing coffee or dining out at any restaurant. Additional Coin Rewards will roll out in the coming weeks and months.

To see your Coin Rewards, make sure to update to the newly released Coin 2.0 app and look for the cash symbol at the bottom of your screen. We are working on bringing Coin Rewards to our Android app as well.



If you don’t have a Coin yet, you can order your Coin 2.0 now. Order by November 25th to receive by Christmas!

Coin 2.0 Now Available on Amazon

Coin 2.0 Now Available on Amazon

Starting today, Coin 2.0 is now available for purchase on Amazon Launchpad. Ordering Coin 2.0 is an easy one-click to your Amazon cart, and if you have Amazon Prime, you can take advantage of Amazon’s free expedited shipping. Purchasing a Coin 2.0 now through Amazon Prime means that you will get a Coin in your hands this week.  


To celebrate our selection in Amazon Launchpad’s innovative program for cutting-edge products, we are releasing a new video on our Amazon product page. Visit our Amazon page to watch three of Coin’s users describe how Coin simplifies their lives. We look forward to providing the same value to even more people through Amazon Launchpad.


(click on the "1+" of the product thumbnails to see the video)

(click on the "1+" of the product thumbnails to see the video)




Q: What is the shipping time for Coin orders from Amazon?
A: If you order a Coin on Amazon, you can expect delivery from one of Amazon’s nationwide distribution centers within Amazon’s standard shipping time. Prime customers can receive free 2-day shipping.   

Q: Can I purchase a Coin as a gift on Amazon?
A: Yes, to purchase Coin as a gift, simply enter the recipient's shipping address at checkout. When the recipient receives their Coin, they can register their information through the Coin mobile app.

Q: Where is my Coin that I pre-ordered from the crowdfunding campaign?
A: Coin 2.0 began shipping at the end of August to pre-orders who completed the order process. To receive a Coin, you must confirm/verify your current shipping address. Please fill out this form.

Coin 2.0 Update: EMV On Mobile Devices

Coin 2.0 Update: EMV On Mobile Devices

October 1st, 2015 marked the beginning of a nationwide shift in the payments industry towards EMV (short for Europay, Mastercard, Visa) adoption. EMV is the latest security protocol for payments designed to reduce fraud.

If you’ve recently received a new credit or debit card from your bank with a chip on the front, that is part of the EMV transition.

Here’s what changed as of October 1st:

  • Merchants that continue to accept magnetic stripe transactions are liable for fraudulent charges if the customer possesses an EMV chipped card.
  • If the merchant has upgraded to an EMV capable system, but the bank has not updated the card issued for EMV compliance, then the bank is liable for any fraudulent charges.

Chip-based EMV is what you see on credit cards today, while NFC based EMV is a standard for mobile phones and other devices. This new standard has been implemented in other secure payment solutions such as Apple Pay. Even though Coin 2.0 has the form factor of a plastic card, Coin is a mobile device. 

Coin 2.0, which is EMV-ready via NFC, started shipping at the end of August. As a reminder, all users of Coin 1.0 that have opted-in and verified their current information with the company will receive a complimentary upgrade to Coin 2.0.

In the coming months, Coin will release a series of OTA (over-the-air) software updates to comply with evolving EMV standards and improve merchant compatibility. As merchants upgrade their POS (points of sale) terminals to support EMV via chip, they will also start accepting EMV over NFC. For example, if you’re a small business using Square’s newest reader, it doubles as a contactless and chip reader.

Stores such as Bloomingdale’s, Whole Foods, and Peet’s Coffee have already adopted Tap-To-Pay NFC systems nationwide. You’ll start seeing more merchants with the contactless symbol, which means you’ll be able to pay quickly and more securely just by tapping your Coin 2.0 at the point of sale.

Coin is committed to being the leader in developing technology that makes purchases safer and simpler. Merchants will continue to accept transactions through magnetic stripe as the transition phase of EMV will take months, if not years, given the hundreds of millions of credit cards and POS terminals in existence. With Coin 2.0, consumers have the option to use either magnetic stripe or Tap-to-Pay NFC, providing the assurance and convenience to pay throughout the EMV transition period. EMV over NFC is just another step forward and we are excited to share more developments in the coming months.

Lunch with Coin

Lunch with Coin

Coin Stories
As we continue shipping Coins, users are sharing their stories of how Coin is simplifying their lives in an exciting way. Here is one of our favorites so far.

We asked NYC filmmaker Oscar Boyson to capture how Coin fits into his busy life. Here is his story: 

How do you use Coin? Share your positive experience by mentioning @Coin (back flips while skiing not required) to get featured on our community wall.

Buy Your Lunch With Coin And Get $5  
The first 100 participants* in our Twitter lunch campaign will receive a $5 Amazon gift card.

From Sep 24, 2015 9AM PST to Sep 30, 2015 6PM PST, participate by:

  • Tweeting a photo of your Coin and the lunch you purchased. 
  • Alternatively, take a photo of your Coin and your restaurant bill.
  • Mention @coin so we don’t miss your tweet.
  • Here's an example:

* Only one gift card per person but you can participate everyday. We’ll reach out by DM to the first 100 qualifying users to coordinate gift card deliveries.

Announcing Coin 2.0

Announcing Coin 2.0

Coin Embraces EMV - Now Shipping Next Generation Product with “Tap to Pay” NFC


SAN FRANCISCO – (August 26, 2015) — Today Coin, the first-to-market connected device that makes mobile commerce simple and secure, announces that it is now shipping a second generation device that is EMV-Ready incorporating NFC technology, giving consumers the ability to transact securely with both contactless and swipe payment systems.

All customers that have already received a Coin are eligible for a free upgrade to Coin 2.0 by claiming it in the latest version of the iOS and Android mobile apps. Customers that have not yet received a device, as well as anyone that purchases a Coin before the end of the year, will be upgraded automatically. Each customer can view their ETA in the mobile apps or inquire through our website.

Coin 2.0 devices are shipping today with NFC technology in Early-Access-Mode (See Q&A for more details) as the company finalizes integration with the necessary financial institutions in the coming months. Customers will be able to enable EMV compatibility through an over-the-air software update.

“We've worked hard to deliver ‘Tap to Pay’ NFC-enabled Coins and are pleased to be able to be shipping these as of today, including upgrading all existing customers at no cost.” said Kanishk Parashar, CEO of Coin.

We are currently working on partnerships, new features, and improvements that will enhance Coin 2.0’s compatibility with more point-of-sale systems and bring additional valuable functionality to consumers. The next generation of Coin’s new features include the ability to nickname your payment cards and a better electronic stripe that has improved performance at gas stations. Having the option to nickname a payment card was the number one most requested feature by customers, therefore Coin 2.0 will allow users the ability to give each card a 4-character label--such as ‘BofA’ or ‘Work.’


Coin 2.0 Q&A:


Q: When will Coin 2.0 be available?

A: If you are an existing customer that has received Coin 1.0, you can sign up for a free Coin 2.0 upgrade in the Coin mobile app by going into Settings. Coin 2.0 upgrades will ship in Q1 2016.

If you are an existing customer that HAS NOT received a Coin, you have been automatically upgraded to a Coin 2.0 and may check your delivery ETA in the Coin mobile app via the Settings menu or through this shipping inquiry form.

If you are a new customer that purchased Coin on or after Aug 26, 2015, you can expect Coin 2.0 to ship in Q1 2016. *Oct 6, 2015 UPDATE* You can now expect new Coin 2.0 orders to ship in November 2015.   

Q: How does NFC Early-Access-Mode work?

A: Coin 2.0 will ship with Early-Access-Mode LIVE. Customers will be able to transact with “Tap to Pay” NFC with select payment cards. The mobile app will clearly outline which payment cards are eligible.  

Q: How is Coin 2.0 improved from the first version?

A: Coin 2.0 incorporates NFC technology along with a variety of new features, such as:

  • Ability to give payment cards a nickname that appears in the app and on Coin 2.0’s e-paper screen
  • An improved electronic stripe that performs better at gas stations and other merchants
  • Over-the-air software updates that will add EMV capabilities and new features, keeping Coin future-proof
  • A display that is twice as fast
  • A form factor that is thinner than older Coins by up to 8%

Q: Why does Coin 2.0 use NFC instead of “chip and pin” technology?

A: EMV over NFC, known as "Contactless EMV" is the future of EMV- compliant payments, and is also used by Apple Pay and Android Pay. Coin 2.0 will be able to make EMV-compliant payments with NFC that are even more secure and convenient than "chip and pin" transactions. 

Q: How will “Chip and Pin” plastic cards work with Coin?

A: Coin 2.0 will support "Chip and Pin" cards via “Tap to Pay” NFC capability. The mobile app will clearly outline which payment cards are eligible. As the USA merchants upgrade to Chip and Pin, they will also simultaneously upgrade to “Tap to Pay” NFC payments.

Q: When will the over-the-air update happen for Coin 2.0 to be EMV compliant?

A: We will keep customers informed as we complete partnership agreements with various financial institutions.


For more information about EMV and NFC check out our Support Center.


Coin Update: First Four Months of Shipping

Coin Update: First Four Months of Shipping

We'd like to begin by saying thank you to those of you who’ve been patiently waiting to receive your Coin. We are very pleased to report that we’ve scaled our production to ship over 80,000 Coin devices in the first four months. Shipping, however, is not without challenges - recently, super-typhoon Soudelor closed our Asia-based factories for several days. Unfazed, our manufacturing team worked day and night to ensure that we continue to deliver Coins as quickly as possible to our backers.  If you are waiting for your Coin and want to check the status, please message us here.

What really keeps us going and excited is seeing how our customers engage with our product:

We’re continuing to improve Coin every day. While Coin is compatible with a large number of payment systems, it is not compatible with some. In the interim, we’re launching a new Merchant Compatibility feature that will notify users if the location is known to not be compatible with Coin. We will continue to enrich the data in this system and also enable our users to provide their own feedback on merchant compatibility as well. We understand that giving users visibility and informed choice on where to use their Coin is critical. The Merchant Compatibility feature is already rolled out in updates to the Coin app on both iOS and Android.

Another step towards closing the gap on merchant acceptance is improvement in how Coin can be read across additional POS terminals. Our team is already hard at work to get acceptance to new heights in 2016. We'll provide an upgrade path to our customers as we improve our software and hardware.

We want to end by again thanking you, our users, for your patience and support questions as we deliver Coin. Based on your feedback, the team is developing improvements and releasing new features. We will have another update next week with some exciting news.

The Start of Mass Production

The Start of Mass Production

Coin began as one of the largest crowdfunding campaigns in history: customers pre-ordered nearly 350,000 units in less than two months. For context, that is nearly triple the number of iPods sold in its first two months. We were humbled that so many people were excited by our vision, and also by the formidable challenge to deliver to your expectations — and ours.

Our team — then just seven employees — worked day and night to fit a variety of components (an electronic stripe, battery, Bluetooth radio, e-paper display, and more) into a device the size of a credit card (less than 1mm thick). One year, 42 test design iterations, and 100,000 beta test transactions later and we are delighted to be manufacturing and shipping the first Coin devices.

The journey took longer than we expected, but we never wavered from our goal of delivering a product of exceptional quality. Our beta program proved that Coin stands up to the demands of real life: in your wallet, in your pocket, in the cold, in the heat. (Though we don’t recommend it, one beta tester even put his Coin through the laundry — twice — and it still worked afterward.)

Today, we have begun manufacturing Coin devices and delivering them to you. Given the sheer volume of units, it will take several months to fulfill all of the pre-orders even at full production capacity. Please know that we will be fulfilling orders as fast as humanly possible.

You can expect Coin to work in millions of locations, including corner stores, restaurants, ATMs, grocery stores, and big-name retailers. Every month, we improve compatibility in more and more places, but it is not 100% yet. For example, a small percentage of merchants use payment systems that require your name in addition to your credit card number. Coin does not transmit the name on your payment card and machines at these locations will not accept Coin. Learn more about Coin compatibility at our Merchants Center.

We are acutely aware that we are delivering Coin behind our original schedule, and we are extremely grateful for your patience and support. We made it this far because of you and we are so excited to have you as a part of the Coin Community. But if you have decided you no longer want your Coin, you can get a refund here. If you stick with us a little longer, we think you will find the wait has been worth it: Coin simplifies your wallet, and by doing so, simplifies your life. And, as our beta users saw, there’s a bit of magic that happens when people see it in action for the first time.

Kanishk, Founder

Welcome to the Coin Blog

Welcome to the Coin Blog

We started as a small team of seven people working to build what many have called a universal card. When we introduced Coin, a connected payment device that contains all of your credit, debit, gift, and loyalty cards in one place, we were blown away by the demand -- over 20,000 orders in the first six hours. We have been working tirelessly ever since to deliver you Coin. We’ve grown the Coin team to 33 full-time employees who are singularly focused on delivering a product you will be proud to own.

Because nothing like Coin has been done before, we’ve had to design, from the ground up, machines that build the custom parts that make up Coin. We’ve developed and manufactured custom components at scale with international partners and supply chains that span across three continents and four countries.

While we know many of you are still waiting, we wanted to share just how close we’re getting to delivering Coin. These are some things we’ve done to make sure Coin works for you:

• We tested over 200 unique card readers and POS (Point-of-Sale) devices representing the vast majority of deployed merchant systems.

• We ramped up our customer support team with a new Support Center and driven our average response time down.

• We delivered Coin to a San Francisco Bay Area Beta Program where we collected valuable feedback that validated Coin's POS compatibility and merchant acceptance. To date, we've seen users pay with Coin at over 4,000 distinct merchants.

• We are now shipping Coin Beta, a pre-production version of Coin, that allows us to incrementally introduce Coin to real-world customers across the United States. We experienced huge demand for the beta program and were only able to accommodate 15,000 customers -- a small percentage of people who expressed interest in participating.


We began shipping Coin Beta in November and continue to ship Coin Beta in batches to the 15,000 users who are a part of our Nationwide Beta Program. Each new batch release of Coin Beta comes equipped with the latest improvements based on customer feedback. By shipping Coin Beta in batches, our internal teams are learning how to improve our software, product, manufacturing, and fulfillment processes for general availability in Spring 2015. From user-submitted feedback, we've seen Coin Beta accepted at local merchants, ATMs, gyms, national chains like McDonald's, Trader Joe's, Rite-Aid, CVS, and many more.

Beta testers are paying with Coin all over the country with a concentration of users on the coasts. Over 334 cities have had a Coin transaction.

Beta testers are paying with Coin all over the country with a concentration of users on the coasts. Over 334 cities have had a Coin transaction.

Coin was built by our customers and continues to be refined by our customers. Everything from product packaging to customer support has been influenced by you. We know you are waiting; our team is working hard to fulfill our only mission - to bring you Coin.

With our thanks,

Kanishk and the Coin Team


An initial look at what our users are saying: