Money as a mobile application.

Credit cards are becoming extinct:

just wave your iPhone at any Visa payWave terminal, which can already be found at some 32,000 retailers, and voila, you've made your transaction.

Visa has the market power to make interface devices ubiquitous, while the banks can be made responsible for distributing mobile applications. As the result, we've got the credit card business model, but without the credit card.

tags: money, ideality, distribution, packaging, tool, digital, information, commerce