VIDEO: Accept Credit Cards With Your Cell Phone

[JMcEntegart]

Perfect for garage sales, farmers markets and selling things out of the back of your truck.

VIDEO: Accept Credit Cards With Your Cell Phone : Read more

 

[bigdaddybey]

Most definitely. I try to live as paperless as possible and this is one step closer to living that dream. This is something that we were just discussing at a recent yard sale. If we could have accepted credit cards some of the items we were selling would have sold that didn't. Cheers to progression...

 

[kobbra]

Man this is like the most absolute like totally awsome idea and... oh f..k I forgot, I don't have a credit card

 

[zak_mckraken]

Yep! I can't wait to have my very first credstick!

 

[sunflier]

Might this make it easier for thieves to pay themselves with your stolen Credit Card?

 

[kavic]

This would be really good for people with small businesses as well, going to your clients house and having the option for them to pay right then and there with there debit or credit card. Something I will be watching very closely as I could use it.

 

[chuckdalton]

Pretty cool, now I will be able to pay for a lap dance with my credit card.

 

[mr_tuel]

I can think of a number of times I wanted to donate money to a charity set up in front of walmart of wherever, and I didn't have any cash. This would totally solve that problem for charities, because now they will be able to take plastic payments and instantly be able to process them.

 

[mr_tuel]

*i mean plastic donations (not payments). Toms needs an edit button.

 

[michaelahess]

Wow, something to make the iPhone useful? Apple will have to deny the app, it's too forward looking for a "Can't cut and paste" type of mentality such as Apple's!

 

[TunaSoda]

Nice! make it easier for people to copy cards! hooray!

 

[TunaSoda]

Seriously, if you were at a yard sale you would have faith in the teenager swiping your card into his phone? no thanks

 

[jerreece]

No way am I swiping my credit card on someone's phone at a garage sale. I'm sure there's a way to capture card details on the iPhone for later use. You just need another app running in the background that records any data transmitted from the card swipe.

No thanks.

 

[9d3tsi]

It is in fact an interesting concept.

However, It would be way to easy to exploit. Wireless anything + credit card = bad idea. Even if the user/owner isn't exploiting it. Someone near by could easily.

 

[aracheb]

[citation][nom]jerreece[/nom]No way am I swiping my credit card on someone's phone at a garage sale. I'm sure there's a way to capture card details on the iPhone for later use. You just need another app running in the background that records any data transmitted from the card swipe.No thanks.[/citation]

hehehe
Where you can be safe in that side, iphone can run 2 things at once!!!
it just a beauty pageant queen

 

[logitic]

lol I guess I am a little old school. All I see is a device that I can mod to change my Credit card strip so say what ever I want. Free Money!!!

 

[aracheb]

[citation][nom]9d3tsi[/nom]It is in fact an interesting concept.However, It would be way to easy to exploit. Wireless anything + credit card = bad idea. Even if the user/owner isn't exploiting it. Someone near by could easily.[/citation]
hehehe
Well you can be safe in that side, iphone can't run 2 things at once!!!
it just a beauty pageant queen

 

[Clintonio]

The USA needs chip and PIN before anyone should ever anywhere at all absolutely ever consider anything remotely in the region of something even slightly similar to this in any tangible or non-tangible way at all, full stop. For that reason; This is a bad idea. Bring it over the UK though, we have C&PIN

 

[mlopinto2k1]

That transaction would have to be encrypted in order for it to be secure. The data could easily be saved onto the iPhone. Cool, but uncool.

 

[Guest]

@aracheb
Iphone/Ipod Touch is running a lot of processes at the same time. Just do a "ps -ef" on the Terminal of a jailbreaked device, and you will see lots of them. So it's possible to have another process on background doing nasty things.