11-15-2013, 05:02 PM
DRR,
"The coin, once it has your CC information in it, is just as secure as your "dumb" credit card is now."
Actually, it may be more secure. You may be required to either have the bluetooth security enabled or a different type of security enabled to access the cards within the Coin. At least, I hope this is the case, otherwise I'd be all the more leery of it.
Imagine you leave the coin on a counter by mistake. How would someone who picks it up access the info? Theoretically, the bluetooth security system would prevent access. But, what if that isn't enabled? How does the Coin protect the data it contains? I would hope there is a two-stage security system. Stage one being bluetooth and stage two something else, i.e. a passcode like on your iPhone.
Robert
"The coin, once it has your CC information in it, is just as secure as your "dumb" credit card is now."
Actually, it may be more secure. You may be required to either have the bluetooth security enabled or a different type of security enabled to access the cards within the Coin. At least, I hope this is the case, otherwise I'd be all the more leery of it.
Imagine you leave the coin on a counter by mistake. How would someone who picks it up access the info? Theoretically, the bluetooth security system would prevent access. But, what if that isn't enabled? How does the Coin protect the data it contains? I would hope there is a two-stage security system. Stage one being bluetooth and stage two something else, i.e. a passcode like on your iPhone.
Robert