With Droplet, the money resides in your Droplet account, not literally on the phone. When the money is sent, it is sent from Droplet to the merchant. The phone

With Droplet, the money resides in your Droplet account, not literally on the phone. When the money is sent, it is sent from Droplet to the merchant. The phone app requests the transfer but is not involved in it. From the first claim in the Apple patent: > issuance of a credit having monetary value to the mobile computing device If I'm reading the claim correctly, it appears that the credit (or at least a credit authorization) is then on your phone, not in an account. There are also some strange clauses about the separation of sponsor and issuer of the credit that make this patent a little less obvious than it might seem. The authorization comes from the sponsor (likely your bank) but the credit is issued from the issuer (likely Apple).