CES to Unveil the iPhone Credit Card Reader

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    NEWSLETTERS

    TK
    Your iPhone can now double as a credit card machine.

    Mophie, maker of slim-'n-handy battery-extending Juicepack Air iPhone cases, now ventures into the world of credit card readers with its product that'll be rolled out at CES 2010 this week.

    Imagine that, now everybody with an iPhone will be able to accept MasterCard, Visa, Discover, or American Express. At last, an easy way to pay for those $20 sandwiches on airplanes.

    This credit card reader is attached to the bottom of an iPhone case, and includes a transaction application that makes it so all stores can be as hip and trendy as Apple retail outlets, eschewing cash registers altogether.

    But wait, isn't there a chip on credit cards that might make all this physical swiping unecessary?

    Via Pocket Lint