Hey guys,
Henry from Stratos here. Just a bit about our product:
You can store all of your credit cards in one card. You can use it in the same places as your regular credit card.
Super thrilled to be on Product Hunt. We're huge fans. Thanks for posting @eriktorenberg. We have a great team behind us. We couldn't do this without them. We will continue to work our hardest to bring you something amazing.
Let me know if you have any questions!
tl;dr - What the iPod and iTunes did for your CD collection we're doing for your wallet.
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@balanon. This looks like a nice way to downsize my wallet even more. I'm curious to learn how's Stratos Card different from Coin?
@p45c41 Hi Pascal!
I can't speak for them but we're focused on working at all places both now and and in the future. Our technology evolves as the payments industry evolves. Our members enjoy an annual brand new, latest generation Stratos Card. We want to make sure our users have the most up-to-date technology and features on both hardware and software.
Hi Henry, good job on building this product, it looks really awesome! I was about to purchase one last night and remembered that in October 2015, retailers will not be able to accept swiped transactions. Is Stratos EMV compatible? If not, what is your plan there? Thanks.
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@florentferere Not true. VISA and Mastercard will no longer offer fraud protection for retailers that accept swiped transactions. 100% roll out of chipped CCs will take 2-3 years if not longer.
@florentferere Hi Florent,
We are continually working on enhancing our systems and one of the big reasons we use a membership model is to ensure our members have the most up to date cards. Additionally, we are building a tokenized connected card platform that uses one time use stripe data (and contactless EMV/NFC) to secure payment. You can go a lot more in depth with how our cards interact with chip cards here:
https://support.stratoscard.com/...
Thanks,
Benjie
As with Plastc and Coin, without a network brand (Visa/MC/AmEx/Discover), merchants can refuse to accept this. Outside of SoMa, I suspect that most merchants will see this and be skeptical of swiping it.
@megerman Can you imagine if waiters and waitresses had one of these? They could just build up a nice litle collection of cards
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@rossdcurrie nope. For coin at least you need to verify micro transactions w your bank. It's not a card skimmer
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@megerman why would someone want to reject it? Everywhere I've used my coin the staff are super intrigued and think it's awesome.
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How is this different from Coin? Personally, I believe the time for these type of cards was in the last few years - now it's all about the likes of Apple Pay, [company name] Pay, etc.
I want to eliminate cards (and hopefully the wallet, soon!) completely rather than still have one to carry around.
Stratos Card began shipping to first orders last month.
Check out our Unboxing video used to launch the news:
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I look forward to the first of these services that extracts value from the most cost effective value store. i.e. Loyalty cards, specific credit card because of current balance and rewards offered, debit card etc.
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