Now use your iPhone as credit card

Carrying a credit card in your wallet can soon be a history. Apple is coming up with a technology that will enable the use of iPhone as credit card. Read on for details.

Carrying a credit card in your wallet can soon be a history. Apple is coming up with a technology that will enable the use of iPhone as credit card.

Mophie, a popular retailer of Apple iPhone and iPod accessories, is set to debut their iPhone credit card reader — said to be named "Credit Card (credit card) reader" — and complimentary processing application, reports Mashable.com.

This will allow merchants to accept credit card payments by swiping the card through a special iPhone case. While details around the device add-on are slim, interest is already high.

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If you purchased anything at Apple retail stores this holiday season, then you were probably rung up by an employee using Apple's new custom-designed iPod Touch with a black shell serving as a credit card reader.