This brilliant idea, still in development but pre-orderable, answers a need that’s been bulking up our pockets for years.

Coin is a single EFT card that stores the information and functionality of all of your debit cards, credit cards, gift cards, loyalty cards and membership cards. Instead of carrying several cards you carry one Coin.

Coin’s mobile app allows you to add, manage and sync the cards that you choose to store on your Coin. The process of adding card information to the mobile app is very simple and is done by taking a picture or two and swiping your Coin through a small device that comes with the card.

Even more ingeniously, if you accidentally leave your Coin somewhere, it sends a message to your mobile phone before you get too far away to walk back and pick it up.

It’s unclear whether v1 will work in New Zealand, but if not we can’t wait until it does.

All about it here.