[tim333]

I'm presuming cdnsteve is in the US? In the UK payment options have improved in various ways. I used to be a fan of cash as the quickest and easiest way to pay for something small like a coffee but we now have NFC where you just hold your card near and it takes like 10 seconds (mostly for the waitress to press buttons), quicker than getting change for cash. Also instant free bank transfers, chip and pin and other conveniences.

Re the iphone I think it'll use the same NFC terminal I just paid for my coffee with at Pret. Being able to wave a phone rather than my bank card is a bit ho hum. I guess for sums over £20 I could use my finger print rather than having to enter the pin as one does at the moment. The advantage seems a bit marginal.