You can expect Coin to work in millions of locations, including corner stores, restaurants, ATMs, grocery stores, and big-name retailers. Every month, we improve compatibility in more and more places, but it is not 100% yet. For example, a small percentage of merchants use payment systems that require your name in addition to your credit card number.
Coin is a secure new technology designed to swipe everywhere magnetic stripe data is accepted. However, there are some merchants using systems that are incompatible due to the following reasons:
- Older or worn down machines may have difficulty reading Coin's dynamic stripe data
- Some merchants require your full name (also known as Track 1 card data) as a part of the transaction process. Coin does not transmit Track 1 data and may be rejected at the point of payment.
For tips on what to do when Coin is incompatible at a Merchant, please read more here.
Coin is committed towards using user feedback to improve product, create new merchant relationships, and increase compatibility. Learn more about our Merchant Compatibility Feature.
Below is a list of well known retail stores and restaurant chains where Coin is incompatible based on the fact that the merchant uses a POS (Point of Sale) system that requires your name for each transaction:
- City Bike Share
- Crate & Barrel
- Enterprise Rent-A-Car
Below is a list of POS systems that are Coin incompatible because they require your name: