The hottest all in one card solutions on the market compared
All in one card: top 3 solutions on the market. Source: shutterstock.com
We live in the unique age of multiple fintech solutions for any type of fastidious customer. This article presents an option best suited to those who like the mobility and minimalism, and yet are still fans of traditional bank cards. It may be kind of a niche product, but it still has its fans for particular reasons. Unlike a smartphone or a wearable, this solution won’t ring or send a notification in the middle of a transaction. You won’t either be forced to stop your important conversation while making a payment, or fumble with your bulky wallet. All your cards can be stored in one. A digital smart multi-card has all the advantages of mobile payments and yet preserves the conventional plastic card form. How is that possible?
A multi-card is a smart device in the form of a regular MSR bank card (or very similar to it) that is directly connected to a relevant mobile app able to store and transmit financial and personal data. The cards are typically equipped with a small touchscreen display where the user can choose which of the available cards to use for a transaction.
The top technology developers of these innovative products are:
- Fuze
- Curve
- Stratos
- One
- Dynamics Inc. (Wallet Card)
- Swyp
- Coin
- Wocket
- Plastc
- Edge
However, many of the providers have failed to implement their inventions successfully. They started selling and then gave up on the idea, or sold it to other companies (Coin, Wocket, Plastc, SWYP, Stratos). The others are only now preparing to launch (Edge, Wallet Card). Hence, if you’re interested in this technology, you can check their offers for future reference.
Below you can find the detailed comparison of the two popular multi cards that are on the market today and the one still awaited.
All in one card: top 3 providers
Fuze
Fuze card. Source: fuzecard.com
| Price: | $129 + $25 for accessories (eCharger and CardReader) |
| Functions: |
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| Max.number of cards stored: | 30 |
| Regional availability: | USA, Canada, Korea (free shipping). Other countries – $10 per card for each international shipment. The company is able to ship worldwide, but for countries outside the US, depending on your location, you may have to pay VAT/GST. |
| Drawbacks: | Many card readers do not scan the Fuze’s magnetic strip (the non-EMV version). Clients have also complained about the low level of customer support and no-refund policy. Many buyers of older versions faced unexpected technical failures. |
Curve
Curve Card & app. Source: curve.app
| Price: | Curve Blue account is free, Curve Black costs $9.99 or £9.99. |
| Functions: |
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| Max.number of cards stored: | There is no information on such limits. |
| Regional availability: | Works in 30 countries within the European Economic Area (EEA). |
| Drawbacks: | Using Curve invalidates Section 75 credit card protection. Users cannot connect American Express Rewards or cashback cards to Curve. There are certain spending limits. |
Wallet Card
Wallet Card. Source: unsplash.com
| Price: | TBD. It will likely vary from bank to bank. |
| Functions: |
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| Max.number of cards stored: | A storage chip can save the information from any number of cards. |
| Regional availability: | You can sign up to be notified when the product will be available in your region here: http://www.getwalletcard.com/ |
| Drawbacks: | It’s not available yet. |
SEE ALSO: How do Visa and Mastercard make money?
