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Coin

Fitbit Kills Off Its ‘Coin’ Payment Service; Devices To Become Useless When Batteries Die

Last year, wearable fitness tracker/fitness watch company made a surprising acquisition, buying the payment company Coin with no plan to continue its products. Instead, Fitbit planned to kill off Coin’s own product and integrate the company’s payment technology into its own wearable devices. Now the service will be shutting down next month, and Coin magnetic stripe devices will work for as long as their batteries last, or until your payment card number changes. [More]