When will Coin adopt EMV?

Coin is EMV-ready with the launch of Coin 2.0.

While Coin itself is not currently enabled with a contact EMV chip, Coin 2.0 is equipped with contactless NFC technology that increases merchant compatibility and allows users to transact using EMV payment standards.

Coin works wherever a card swipe or NFC tap is accepted for data transmission. All EMV-enabled cards include magnetic stripe data, making all cards--even newly issued ones--compatible with Coin. However, all EMV-enabled cards may not be NFC-ready, depending on its financial institution.

Coin's NFC feature will remain as-is, and supports Chase non-debit credit cards.

Powered by Zendesk