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EDGE Mobile Payments extends bailout offer to Coin customers

(Contributed)

May 31, 2017 — Santa Cruz, CA

Customers of Coin Card can sign up for the EDGE Card discount program

EDGE Mobile Payments, LLC, a Santa Cruz-based Fintech company, is extending the Plastc bailout offer to the customers of the Coin card, due to strong demand from former Plastc customers. During the first month of the offer, more than 1,000 people who paid for the Plastc card have signed up to become eligible to receive a discount on the purchase of an EDGE Card.

Like the Plastc bailout offer, customers of the Coin card will receive a discount when ordering the upcoming EDGE Card. Coin was a payment card that consolidated multiple payment cards onto one digital card, but the company stopped production last year.

“We’ve gotten a major response and enthusiastic support from these early adopters of the dynamic payment card” said Peter Garrett, founder and CEO of Edge Mobile Payments. “We realize that of the 350,000 individuals that pre ordered the Coin Card, only 250,000 cards were delivered and even those were not fully functional. We’re excited to deliver on the promise of this new technology.”

The EDGE Card, which is currently being developed and targeted to ship mid-2018, will store the information of multiple payment cards in one card and allow users to pay with all three primary payment card methods: magstripe, EMV chip and NFC. Unlike other payment card efforts, the EDGE Card will feature a full-sized color touchscreen, biometric authentication and personal financial management features.

The EDGE Mobile Pay app will offer a host of personal finance features, including “Credit Assistant” account optimization software that will suggest which card to use based on FICO credit score, interest rates and rewards programs. Additionally, it will allow users to use their smartphones to make NFC based mobile wallet transactions using proprietary NFC technology developed by EDGE Mobile Payments.

To take advantage of the bailout offer, people must have already purchased either the Plastc or Coin card and provide proof of purchase. To enroll, visit: http://www.edgesmartcard.com/bailout/

About EDGE Mobile Payments
EDGE Mobile Payments LLC is the vision of Peter Garrett, an entrepreneur and inventor with over 20 years in product development and marketing experience. Founded in 2017, EDGE Mobile Payments is a Fintech Hardware and Software company in the IoT and Mobile wallet market sectors, providing cloud-based financial services.

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