Jeff Campbell
07-06-2009, 08:00 PM
<div class='os_post_top_link'><a href='http://www.macworld.com/article/141526/2009/07/mobank.html?lsrc=rss_news' target='_blank'>http://www.macworld.com/article/141...l?lsrc=rss_news</a><br /><br /></div><p><em>"iPhone and iPod touch owners in the U.K. will be able to use their devices to buy and pay for goods using a new application from MoBank. The company has done a soft launch, but will start to push the application more aggressively on Monday, according to CEO Steve Townend."</em></p><p><em><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1246861822.usr105634.jpg" style="border: 1px solid #d2d2bb;" /></em></p><p>Apparently, according to one reader of the article, <em>"there is also a £1 per month on top of your mobile phone bill if you want to look up your account balance, and £0.50 every time you want to pay for something."</em> They are pushing the convenience of this application but all I see are limitations. I think I'd rather buy what I want from who I want instead of buying from a specific set of companies. I'm not seeing the benefit to this application. I was excited when I first heard about this but the more I read about it, the less inclined I am to be interested. It reminds me of a home shopping type club that overcharges it's members. Anyone in the UK using this? If so, what do you think?</p>