Putting a credit card into an iPhone app would add value if the app could also track your usage - record details of your transactions and reconcile them with your online account. That's something I could see myself using, at least until the battery wears out.
Posts by DCE
3 publicly visible posts • joined 26 Jul 2010
Bonking for money to be built into the next iPhone
MasterCard joins Visa in pushing PINs into America
London bike hire scheme suffers pre-launch wobbles
check the website
It's really for making short journeys across Central London. You pay £1 a day that you use it, or £5 a week or £45 a year. Then you can make as many 29 minute journeys as you want, for no additional charge. If your journey is 30-60 minutes, that's an extra pound, but you can save your pound by docking the bike at 29 min and waiting 5 min before getting another bike for another short hop.
Longer Periods cost more: if you want to keep the bike out all day you're better off going to a bike shop.
I think it'll be great for going to the pub on the other side of the city - then getting the bus home, obviously.