Buy Coffee From Your iPhone

Did you know that you can buy coffee with your iPhone now? No, I don't mean there's an ap that will allow coffee to materialize in front of you. I mean you can pay for coffee with your phone. Starbucks announced that it had begun accepting payments from your iPhone or Blackberry with Starbucks mobile card. Which works like a gift card, you can only spend as much money as you put in.

This to me sounds amazing. You don't have to worry about those dang interest rates. But I know that this will be horrible for the economy because it will probably expand into more than just for coffee but for almost everything else that you buy, eliminating credit cards and causing banks to fail. So it's good for the individual, but bad for the group... but I guess that's just how America works.

Source:
http://redtape.msnbc.com/2011/01/buying-coffee-with-a-cell-phone-is-fun-and-a-game-changer.html