Coin 2.0 vs Brilliant card Review

In this post you will learn about my experience with Coin card that has been a hot issue in the United States and Brilliant card which has been developed in Korea and will be released at the end of 2016. 

2 years ago, I pre-ordered my Coin on kickstarter. I was waiting for so long until finally I got it today. I tried to connect my Coin with my iPhone and registered my 2 favorite cards on it. Coin can store up to 8 cards. It was easy and fast to register the cards.

After I Registered all the cards into my Coin, I went to test it at the coffee shop near my work place. It was my first time using Coin but it didn’t work well as I though. I was really upset. I told the cashier to try swiping Coin slowly. After the cashier tried it for several times, finally it worked. I felt relief that it work at last. However, I don’t really sure now if it is going to work at another places in Korea. I should probably throw this away, 

In the evening, I went to restaurant, another coffee shop and convenience store to test my Coin. It worked but the cashier needed to swipe it for 2 or 3 times.

Besides, it is an unfortunate thing that Coin doesn’t have IC chip on it. Because of Korea is changing magnetic-stripe payment to IC chip payment to prevent magnetic-stripe cloning and plastic card fraud, in near future Coin might not work in Korea at all.

Even now, many of stores only accept IC chip payment. I need to say that Coin is not the only card that I can carry around, it is just another card that I need to add into my wallet. 

What I found is another card called “Brilliant card”. Brilliant card will be released at the end of 2016. How is Brilliant card different from Coin card? 

One of the biggest advantage of Brilliant card is IC chip. Brilliant card has a global standard for credit and debit payment cards based on chip card technology EMV, the three organizations that developed the initial specifications are Europay, Mastercard and Visa.

Moreover, Brilliant card has not only magnetic-stripe and IC chip but also MST (Magnetic Secure Transmission) and NFC (Near field communication) functions. Brilliant card has e-paper display which can displays barcode, name, and card information.  

Brilliant card can store credit cards, debit cards, and membership cards, up to 30 cards, while Coin can store only 8 cards.

Main technology of these two smart multi-cards is an electronic magnetic stripe that can be changed on demand. In addition, the key technology of Brilliant card is to place all of the functions “IC chip , BLE, NFC, battery, e- paper and etc.”into a single PCB cards, and after molding and printing the card thickness must not exceed 0.84 mm. BrilliantTS is holding a license of this Ultra Slim Package technology. 

The security features of Brilliant card is similar to Coin. Both of them can syncs with smartphone through low-energy Bluetooth and their own apps. Smartphone can even give a warning when you accidentally leave the cards behind at the coffee shop, the cards will automatically deactivate themselves.

Currently, there are many companies such as Coin, Swype, and Plastic that are developing and launching their smart multi-card. I am really curious how the Brilliant card will enter and successful in the smart multi-card market.  

http://card.brilliantts.com/

info@brilliantts.com

CSR-powered Smart Card lets you pay using a smartphone's Bluetooth connection

CHIP COMMINCATIONS COMPANY CSR's CSR101 technology has been used to create a multi-payment card that lets people make credit and debit card payments on a variety of cards with just a smartphone's Bluetooth connection.

The All-in-One Smart Card was created in partnership with software and hardware firm BrilliantTS, and is designed to reduce the number of cards in a wallet as it can register over 30 of them.

CSR's 1013 chip is just 0.35mm thick, making it the thinnest Bluetooth 4.1 system on a chip (SoC) available in a 2.4x2.6mm Wafer Level Chip Scale Package.

BrilliantTS took advantage of the small footprint and low power consumption to develop the smartcard, which is the same size as a standard Europay, MasterCard or Visa card, making it compatible with existing PoS and ATM systems.

The smartcard can register credit and debit as well as support public transport travel, magnetic and NFC, one-time password and applications such as security door keys.

"Alongside the CSR1013 ultra-thin package, the Bluetooth solution also offers low power consumption, 128KB memory and low external bill of materials," said CSR.

"This makes the SoC ideal for next-generation payment and security cards and a wide variety of other smart devices such as sports equipment and wearables, and is priced to enable devices at all levels of the price scale."

The idea is to give customers an easier and simpler way to carry multiple cards.The Qualcomm-owned CSR and BrilliantTS said that the idea sprouted from wanting to make this all-in-one card thinner and improve the overall consumer experience.

"To make this possible we needed to develop a card which was the same size as a standard EMV card and did not need to be constantly charged. CSR1013 helped us to achieve this with the built-in security that Bluetooth Smart provides," said BrilliantTS CEO Jaehun Bae.

The 1013 CSP is part of the proven line of CSR μEnergy single-mode Bluetooth low-energy platforms, and is said to increase application code and data space for greater flexibility in application development.

An example design is available now, CSR said, adding that it will produce modules that can be used with the existing CSR101x development kits. µ

10 major trends of the 2014 Year

1. FinTech investments TRIPLED
2. The first (and second) IPO in FinTech
3. 10 companies joined “FinTech Billionaires Club”
4. Apple (and Samsung) place a stake on FinTech
5. The future of payments and transfers belongs to messengers
6. Rocketinternet’s IPO & FinTech - Is there any relationships?
7. Paypal and Ebay separation
8. China is moving forward!
9. Mobile banks found their buyers
10. M-POS is the fastest-growing FinTech Sector

“Smart” payment card BrilliantTS will replace more than 30 credit cards

CSR is going to start selling “smart” payment cards, which will be able to replace all credit cards in your wallet. The device is called BrilliantTS.

Universal card, like a credit card, you will be supplied with a device for reading magnetic strips that you want to connect to your iPhone. To add your Bank cards in the system sufficient to carry them through the reader, by running a special pre-application.

Unlike other devices of type “all in one”, BrilliantTS compatible with all ATMs and payment terminals, card standard EMV (Europay, Mastercard, Visa). According to the manufacturer, the device can replace more than 30 cards.

BrilliantTS communicates with the smartphone via Bluetooth. For this purpose it and is used CSR1013 — the thinnest chip with support for Bluetooth Smart 4.1. Product dimensions in the performance of Wafer Level Chip Scale Package (WL-CSP) is 2.4 x 2.6 x 0.35 mm.

Specifying writing in BrilliantTS data of multiple cards, you can free up space in your wallet. The card information will be encrypted and stored on the smartphone.

In addition to the functions of payment and credit cards, the new product is suitable for the fare in public transport use in systems with reading the magnetic stripe and NFC for one-time passwords (OTP) and as an electronic key.

According to the statement of the chief technical Director of CSR, the key information of the cards is not transmitted to the server CSR. The company receives only the minimum required data that is used to identify the user.

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BrilliantTS to create multi-payment card with CSR SoC

CSR announced that its CSR1013 technology was used by BrilliantTS, a manufacturer of smart hardware and software products, to create a multi-payment card. This enables credit and debit card payments by connecting to a smartphone using Bluetooth. The CSR1013 Bluetooth Smart System on a Chip (SoC) is available in a 2.4 millimetres x 2.6 millimetres Wafer Level Chip Scale Package (WL-CSP).

BrilliantTS took advantage of the small footprint, ultra-thin form factor and low power consumption of this SoC to develop a smart card that is the same size as a standard EMV (Europay, Mastercard, Visa) card, ensuring it is compatible with existing POS and ATM systems. Designed to reduce the amount of cards in a wallet, the all-in-one smart card can register over 30 cards. This includes both credit and debit as well as supporting public transport travel, magnetic and near field communications (NFC), one time password (OTP) as well as a wide variety of applications, such as security door keys. 

Korean Startup Company launches “Brilliant Card”

BrilliantTS is a tech startup company based in Korea.  They are about to revolutionize the tech card industry and are currently developing a brand new “Smart Card” which they call the “Brilliant Card”.  The Brilliant Card acts as an all-in-one card that will combine the users credit cards, debit cards, reward cards, and membership cards into a single all purpose card.   They can even support public transportation cards and work as a security door key.

BrilliantTS made its name with SmartTV during their start but they are generating a lot of buzz with their Brilliant Card.  The Brilliant card is a connecter between credit cards and smart tech devices.  Even tho it has multiple functions its use is very simple which is important to incorporate it into the general public.  There are buttons on the card which the user can press to select which card they want to use.  The small screen on the card will show which card is being selected.

With all the technology that goes into the Brilliant card you would think it would be as thick as a smartphone….however it is no thicker than a normal credit card and can easily fit into any size wallet.  It is not easy to put all this technology into a standard .8mm plastic card.  All the chips that go into the Brilliant card needs to be embedded from the wafer processing stage.  Also since credit cards in general need to be durable the chips need to be well protected from normal day to day wear and tear credit card use.  The Brilliant card is so durable now that it can even be bent and twisted.  All the cards therefore come with a guarantee of durability.

The main concern from users is theft.  What if a all in one card like the Brilliant card gets lost or stolen?  The card comes with a app that uses bluetooth to let you know when the card is away from you up to a certain distance.  The card itself does not hold any personal information because it uses a magnetic strip that erases all transactions once it is used.

Now with the Brilliant card customers don’t have to look through countless cards in their fat wallets to get their discount card or cash point card.  Sure these days there are apps that allow you to upload your cards on your smartphone.  However it is still a hassle to access those cards on the phone.  People still rather use a “card” when paying.  The Brilliant Card does not need an new infrastructure.    It is already based on technologies that already exist such as magnetic strips, IC card, and NFC payments which make it easy to use the card anywhere.

BrilliantTS reveals smart multi card

BrilliantTS, a Korean FinTech startup, embraces the plastic credit card and turns it into all-in-one payment solution.

The company reveals Brilliant Card—the world’s first smart multi card—at Consumer Electronics Show (CES) 2016 in Las Vegas this January.

Brilliant Card™ is a smart multi card storing up to 30 cards including credit, debit, membership, employee ID cards and an OTP. BrilliantTS owns its Multi-IC Technology, which enables one single IC chip to store multiple credit card information.

Since many merchants are not equipped with latest terminal devices or NFC (Near Field Communications) readers, Brilliant Card™ can consolidate your wallet into one card with both convenience and security.

Using BUS Package (Brilliant Ultra Slim Package) method, BrilliantTS produces Brilliant Card™ just as the same size and thickness of standard plastic credit card featuring magnetic, IC chip, NFC and Bluetooth technology.

Embedded Dynamic Magnetic Stripe Emulator enables dozens of card information to be printed out in one magnetic strip. When you select the card you want to use, the emulator sends a signal to reprogram the magnetic strip.

“The true value of Brilliant Card™ is that it reduces technology gap between users and merchants. Users and credit card affiliated stores can use and accept the card without any additional device replacement,” said Jaehun Bae, CEO at BrilliantTS. “As expected that Brilliant Card™ will be released at CES for the first time, we are planning to introduce it to overseas financial markets sequentially in North America and Europe.”