Massachusetts Startup: iCache Releases Digital Wallet For iPhone

So far the only true NFC product available to smartphone users is Google Wallet. ISIS, the collaborative effort by AT&T, Verizon Wirless and T-Mobile is slated for a launch sometime this summer. However, Friday, iCache, a Massachusetts based mobile payment startup has released their GeoCard and iCache Geode Wallet.

This $200 accessory is part iPhone case, part card reader, part biometric security system and a whole lot of mobile wallet.

By now we have all realized that bar code scanning on a mobile phone is hit or miss, and anyone who has tried NFC has probably experienced that blank stare from the cashier like you just did the latest human chopping trick from David Copperfield’s arsenal before their very eyes.

Whether Google wants to admit it or not, we are still way ahead of the NFC curve and even further ahead of the NFC revolution.

In the meantime the folks at iCache have figured out safety, security and convenience with the Geode Wallet and GeoCard. The wallet supports all barcode based loyalty and reward cards and all magnetic stripe based credit cards.

For credit cards you simply use the enclosed credit card reader to extract your information to your phone. Then, when you want to use any of your credit cards, you select which one you want to use and it loads that cards info onto your Geode Card which is a rewritable magnetic stripe card. You have one card now, that’s safely and easily stored in the phone case that rewrites your info super quickly and securely onto your Geode Card.

What about safety and security?

The only way you can access the Geode Card on your wallet app is after use inning on using your finger print. Yes, iCache has included a biometric finger print reader. Only after your fingerprint is deleted can you access the wallet and the ability to rite write onto the rewritable card.

As for loyalty cards, they are just as easy. Simply take a picture of every barcode reward and loyalty card you’ve got and it captures the card information. Add a few notes if you would like and you’re ready to roll.

iCache already knows that barcodes are hit or miss on a smartphone or even iPhone screen with retina display, that’s why they’ve included an e-ink display on the back of the case which makes the barcodes as easy to read as on the cards themselves.

Now I know you’re thinking that $199 is a lot for any accessory but now that you really can leave the wallet at home, and it’s super secure, it’s worth every penny. iCache leaves no stone unturned.

Just don’t lose your phone.

Check it out for yourself at iCache.com

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