iPhone, credit card reader

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“Mophie today broadcast its intent to get into mobile payment by unveiling early details of a credit card reader for the iPhone. The peripheral when attached will let owners “complete financial transactions on the go” and will come with its own companion iPhone app to handle the payments themselves. Unlike some add-ons, the Mophie entry is designed to remain attached for long periods and rests flush with the iPhone case”

This idea came first from another company called Square, which is owned by the co-founder of twitter, their device does the work but its not that practical since the cc swiper isn’t built into the iphone and its just hanging out of the phone. here is a pic of “Square” device

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