With the rollout of NFC and Wallet payment systems, finding easier ways to use and carry your credit cards around is becoming big business. Now, a new solution called Geode is a handy payment solution that has been designed to combine all your cards into one.
The Geode iPhone solution consists of a smartphone case that, when combined with a custom application, acts as a secure mobile wallet. It also allows you to add loyalty cards as well. Watch the video after the jump to see it in action.
Features and Benefits of Geode
The new wallet solution has been developed by iCache and is currently starting its journey over on the Kickstarter website. iCache, Inc explains:
“Geode is an iPhone Appcessory that stores credit cards, loyalty cards, gift cards, and membership cards and protects the information with biometric security. The onboard universal card and e-ink barcode screen means that any card can be stored in the Geode and used anytime, anywhere.”
One of the standout features of Geode is its biometric security. This means that your sensitive information is protected by your unique fingerprint, adding an extra layer of security that traditional wallets simply can’t offer. Additionally, the e-ink barcode screen is a versatile feature that allows you to display barcodes for loyalty cards, gift cards, and membership cards, making it incredibly convenient to use in various situations.
How Geode Works
The Geode system works by allowing you to store all your card information within the app. When you need to use a card, you can select it from the app, and the Geode case will either display the necessary barcode on its e-ink screen or program the universal card to act as the selected credit card. This means you only need to carry one card and your phone, significantly reducing the bulk in your wallet or purse.
Moreover, the Geode app is designed to be user-friendly, making it easy to add new cards and manage existing ones. The app also supports a wide range of card types, from credit and debit cards to loyalty and membership cards, ensuring that you can consolidate all your cards into one convenient system.
So if you think the Geode wallet is something for you, head over to the Kickstarter website to make a pledge and help it get started.
Potential Impact on the Market
The introduction of Geode could have a significant impact on the market for mobile payment solutions. As more consumers look for ways to streamline their finances and reduce the number of physical cards they carry, solutions like Geode offer a compelling alternative. By combining multiple cards into one secure, easy-to-use system, Geode addresses a common pain point for many consumers.
Furthermore, the use of biometric security and e-ink technology sets Geode apart from other mobile wallet solutions. These features not only enhance security but also improve usability, making it easier for consumers to adopt and trust the system.
In conclusion, Geode represents a promising advancement in the field of mobile payment solutions. Its combination of convenience, security, and versatility makes it an attractive option for anyone looking to simplify their financial life. If you’re interested in supporting this innovative product, be sure to visit the Kickstarter page and consider making a pledge.
Source: Tech Crunch
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