Is your phone the wallet of the future? | Circuit Breaker - CNET News
On Thursday, Intuit and Mophie (maker of the JuicePack battery for iPhone) will introduce the Complete Credit Card Solution, which fits over the iPhone 3G and 3GS like the JuicePack and has a credit-card reader that uses Intuit’s 18-month-old GoPayment mobile payment software. It will be available as an iPhone accessory in Apple Stores.
The idea is to allow small businesses or anyone who needs to process payments that doesn’t have a permanent place to plug in a cash register to be able to accept something other than cash on a device many people already have. The hope is consumers would find this more convenient than keeping cash on hand when they want to make a purchase, even from a nontraditional retailer.