On its website, Plastc announced, “After making enormous leaps in development, product innovation and progress towards our goal, Plastc has exhausted all of its options to raise the money it needs to continue.”
There was initially a handful of companies in the smart credit card space. Coin, stopped producing its cards in May 2016. Stratos, another smart card company that launched in May 2015, shut down later that year and now Plastc has shuttered. Currently, the only smart card company that is still solvent is Swyp, whose website states that its smart card is “going on sale soon.” We’ll see.
via Digg
Michael Kozlowski is the editor-in-chief at Good e-Reader and has written about audiobooks and e-readers for the past fifteen years. Newspapers and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times have picked up his articles. He Lives in Vancouver, British Columbia, Canada.
