I have been covering Plastc here on the blog since October, 2014. While there are quite a few digital credit card replacement products out there, this one has long been the most ambitious. It has all of the features of competing products plus has a chip and supports NFC and RFID technologies. At least it will at some point and if it ever ships.
Last August I decided to purchase a Plastc card both for blog research and because they were offering a 2 for 1 deal. (Who can resist 2 for 1?) Since then I have been looking forward to the announced April 29, 2016 launch date so I could get my hands on the card. Unfortunately it doesn’t seem like that is going to happen.
A Letter to Customers
About an hour ago Ryan Marquis the CEO of Plastc, sent out an email to all customers who have pre-ordered and paid for their Plastc card(s). Among the biggest revelations are that the card will be delayed until August or September. This timeframe could of course change once again as they continue in their development process.
In his letter Marquis points to the following as challenges:
- FCC, CE, and ISO testing and approval is taking longer than we expected.
- Android and iOS app development and backend engineering.
- One of our merchant providers, Stripe, has chosen to hold our early pre-order funds.
- Prototypes require lead times for our contract manufacturers and component vendors, and lead times can change on a daily basis. Our next and anticipated final prototype is slated to be completed in the next few weeks. This should provide a fully functioning card. Once we work through any remaining issues, we will be ready for full-scale production.
As I noticed the April date getting closer without more news, I had already assumed the product would be delayed. If the information in the letter is to be believed, they have a supply chain worked out which is probably their biggest obstacle if they are going to launch this year. I remain optimistic that they will be able to launch this product, but am frustrated with the delays.
Many of Plastc’s competitors have already shifted focus or gone out of business as this type of product has proven very difficult to develop. I still think Plastc is the best overall product out there if it delivers. Marquis did promise to update customers more often, so hopefully we will be more up to date as things progress.
Should You Purchase
At this point I would probably hold off purchasing unless you want to get in line to get this device now. As you will see in the letter below, it will take awhile for them to deliver all of the pre-orders, so you might be waiting in to 2017 if you don’t purchase beforehand. Of course, who knows if this will be delayed again. If you do want to purchase, you can get $20 off with my personal referral link.
Full Text of the Email
Here is the full text of the email sent to pre-order customers.