While we patiently wait for services like Apple Pay to proliferate and eventually eliminate the need for plastic credit and debit cards, a new type of solution has emerged. Dubbed “smart cards,” these devices are capable of storing multiple credit, debit and membership cards in a single swipeable device, theoretically allowing users to empty out their wallets and just carry a single payment card.
Right now, sadly, these cards do not exist as far as consumers are concerned. The most promising among them is called Plastc, and it doesn’t yet have a firm ship date. Also interesting is a device called Coin, but its creators have run into a slew of problems and the current beta device isn’t always reliable.
Now there’s a new player on the scene called Stratos, and it touts one key difference compared to earlier smart cards: This one is actually real, and it’s shipping next month. More →