Ahh you know what, I would definitely use this a lot: www.textpayme.com. I’m like the Queen, I rarely carry cash. I find it so annoying an inefficient — total geek perspective. So I do everything on card — credit or debit.
TextPayMe is used to send and receive money with your phone via text. Think Paypal, only a billion times easier. (Lifting from their site) it works like this:
1. Send a pay command to their shortcode (70820)
2. Get a confirmation call. Enter your PIN to confirm sending of the cash.
[I imagine the cash amount then comes out of your account and is held now by TextPayMe]
3. The recipient instantly receives notification that they’ve been paid.
[I then reckon the recipient simply logs into TextPayMe and types in their bank details or credit card to get sent the money]
Really smart, really useful. They’re going to get bought over quickly if they can get a bit of traction, I’m sure of it.
Only available in the USA at the moment… so I haven’t registered to check it out. I reckon it’s definitely worth a look: http://www.textpayme.com.