iPhone users certainly seem to be a lucky lot with several apps and software updates being launched for them everyday. This one is sure to get the town buzzing abut it for quite some time. Apparently the iPhone may soon turn into a credit card reader due to a new device being rolled out by Mophie, reports Pocket Lint.
This credit card reader can be an amalgamation of a devoted hardware device that locks on their iPhone. Also the third party app can enable small businesses to make credit card payments on the move.
This credit card reader will be quite a competition to the recently formed company Square, developed by Twitter founder Jack Dorsey, which also facilitates iPhone users to receive payments on the move.
Now one has to wait for the credit card reader to be released on the iPhone to gauge how beneficial it is for the user.