The only Credit Card you will ever need

plastc-social-bgWe run just about Apple everything in the Canopy office and we aren’t shy about coveting just about all-things-Mac, but after all the excitement and now extended delays around Apple Pay we’re reluctant to admit, that it might be time to search for alternatives. Apple Pay is encouraging people to leave their credit cards in their wallet and pay for goods in stores using an iPhone, we found Plastc, a sort of electronic credit card that can do about just the same.

But how much technology can you fit into a 0.8-millimeter-thick credit card?

Well, a lot. Not only can Plastc store credit cards, it can also show loyalty and gift cards. How does it work? It is simple. It works with an app that enables you to quickly swap out cards, add new ones, and track your spending. Plastc itself stores up 20 cards but the app can hold an unlimited number. On Plastc, you can switch up card details through the e-ink touchscreen panel. And it is quite secured with PIN, photo ID, proximity alerts, and ‘Return Me’ mode and If stolen or lost, you can remotely wipe your data.  The card is rechargeable and last 30 days once fully charged but it locks in your default credit card if uncharged so you can still use it until you charge up again. So, if you are looking for a simple and elegant way to store your many credit & debit cards, loyalty and gift cards, access cards and more in a single, minimalist card, and say goodbye to your bulky wallet, Plastc could be the way to go. The card would be available in summer 2015. You can get more info on their website.

What Sparks our Fire: a credit card that gets a lot smarter.

Are you ready for the future of payments with Plastc? What are your thoughts on digital wallets

You’re One App Away From A Comfortable Retirement

acorns appTo build wealth, and become financially independent, you need to start investing early and there is an app for that. Acorns enables you to start saving early, invest often, and feel secure about your financial future without having to think about it.

So, how does it work? Simply connect a credit card, or debit card and a checking account, and enter some characteristics about yourself. Acorns will automatically recommend a stock portfolio based on information like your age, time horizon, investment goals and the amount of risk you’re comfortable taking. Then each purchase you make with the registered card is rounded up to the nearest dollar, and the difference is invested in low-cost ETFs. For instance, if you spend $10.49 on lunch, that remaining 51 cents is invested. And if you’re worried about the safety of your personal information, don’t be, because Acorns has been awarded TRUSTe’s Privacy Seal for the collection and use of personal information. According to its maker, “what makes Acorns different from any service out there is that it offers a personalized investment portfolio with no account minimums, no commissions, and fractional investing all at your fingertips”.

What Sparks Our Fire: An app that intuitively makes it easy to save and invest.

What do you think of Acorns? Would you use it?

Savvy Money Saving

Screen Shot 2014-11-17 at 3.54.48 PMIt’s often said a penny saved is a penny earned. And if you’re looking to save a few dollars, there’s a quick trick right at your fingertips, ShopSavvy.

ShopSavvy is a mobile app that scans products and finds both online and local stores who carry it. Once you scan the bar code, either at home or in-store, ShopSavvy makes a price comparison on the fly, displays user reviews, and searches for discounts. The app has updated SKUs so you’re sure to find the item in all stores listed. The brilliant app was developed by Rylan Barnes, who won “Google’s Android Developer Challenge”.

ShopSavvy can be downloaded on iOs, Android and Windows phones. There is also a website available for simple searches.

What Sparks Our fire: An app that will save us time and money.

Are you ready to give ShopSavvy a try and live a more frugal lifestyle?

Do Be A Mooch

MootchAs the sharing economy continues to grow at a rapid pace, new ways of renting different types of property are developing and evolving. This enables the consumer to avoid spending significant amounts of money on items they may only use once or very sparingly.

Mootch – a platform for on-demand peer-to-peer and business-to-consumer renting of everyday goods with delivery and pick-up – has finally invented a way to make renting simple and safe. So, for example, if you have electronics, appliances or designer items that you seldomly use, you can make extra cash by renting them out to others. And the same goes for when you’re in need of an expensive device, mode of transportation or appliance that you may only be using for a couple of days, but don’t want to buy. Someone in your area probably has one you could rent.

Like many other mobile apps in the sharing economy, you can make money by safely and securely renting out your own stuff as well as cut expenses by renting when you need to do so.

What Sparks Our Fire: A mobile app to rent pretty much anything to and from people around you

What items would you rent through Mootch?

Say Goodbye to Cash

lollapalooza

Okay, so maybe this only applies to those attending Lollapalooza this summer. It isn’t officially time to rid ourselves of those green bills just yet. But, that does seem like a reality we are getting even closer to.

It was just announced that attendees of the three day music festival will be given wristbands to replace their wallets. Festival attendees will log their credit card information into a system and receive a bracelet using near-field connectivity technology allowing them to touch their wrist to the screen, enter a pin number and make a payment at all vendors. The wristband also function as the entry ticket for attendees so there is no way around not having one.

This is a great move forward for mobile payment systems. Not only does it make it easier for concert goers not to have to worry about carrying cash and credit cards around with them, but it’s a great sign for the future uses of devices like smartwatches. We could be approaching a time where something like a wristband will completely replace the credit card and leave cash even further behind in the dust.

What Sparks our Fire: Seeing an organization take advantage of new technologies and paving the way for innovative payment gateways at music festivals.

Where do you see the future of payments going?