[image courtesy of TechCrunch]
It’s no secret that many members of the Gear Diary team use Mophie’s battery packs. Well, it looks like Judie, Dan and Larry may get a chance to see another brand new Mophie product at CES next week: a credit card reader for the iPhone/iPod touch.
The new case/credit card reader will be used in conjunction with a dedicated Mophie application to capture and process credit card transactions. Per TechCrunch this solution is geared towards small business owners, instead of merely being marketed as an alternative for iPhone/iPod touch owners to enter their credit card information manually for online purchases:
The credit card reader works with an iPhone application and is meant for small business owners to conduct transactions easier.
Right now it is unclear who, assuming it will be a third-party, will be handling payment processing. Mophie’s solution looks like it will be a direct competitor to Jack Dorsey’s Square iPhone Payment System, which was recently touted at being worth a cool $40 Million before launch. It will be interesting to see how Dorsey, the former CEO and co-founder of Twitter, and Mophie will fare with their mobile payment solutions. Is a dedicated iPhone credit card reader something that will be embraced by small businesses — or, for that matter — consumers in general?
If so, how long before the phrase “iSkimming” becomes part of our Apple-speak vernacular?