According to The Verge, Swyp was designed to deactivate if your phone detects that the card is more than six feet away, though there's a way to override that if you're, say, paying at a restaurant. Its creator, Ash Dhodapkar, also told the publication that Swyp will have a rechargeable battery (Coin, on the other hand does not -- you'll have to toss it when it runs out of juice), though it's unclear if it will work with wireless chargers. It lacks a bunch of other features found on Plastc, including chip-and-pin technology, as well as NFC support, but it is loads cheaper than the competition (Coin costs $100, while Plastc is $150). A small number of Swype cards are now up for pre-order for $49 per, but once those are all gone, you'll have to pay $99 to get one when it launches this fall.