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I am surprised no one has mentioned Loop yet, it is a step in the right direction regarding Mobile Wallets: kickstarter.com/projects/loop/pay-with-loop

• jlas 13y ago
  This is a neat concept; transmitting credit card data to existing point of sale terminals via a magnetic field. This mimics the effect of swiping a card, essentially hacking the traditional system.
• jasonlaramburu 13y ago
  That's badass, but seems tricky at a sit-down restaurant-- I wouldn't want to have to give my phone to the waiter and explain to him how to use it. Also wonder if this works with the square dongle.
  • azinman2 13y ago
    Exactly. It's also quite ugly and now bulking up your keychain. Coin fits into my money clip and (theoretically) can be handed to others to use.
• QuasiAlon 13y ago
  how is loop doing? I see it was over funded