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One of the latest mobile iphone application is known as KACHING introduced by common wealth bank of australia. The commonwealth bank’s kaching app (pronounced Ka-ching) is specially designed  for the smart phones like iphone and iphone 4s. It is the world’s first commercially available iphone app that utilises NFC technology. It takes around one and a half seconds to make a payment. This app is so interesting because it is designed in such a way that we can pay anyone ,anywhere all from our iphone with commbank kaching plus ,we can shop without cash or cards or leave our wallet at home and just remember our phone. We can even use  facebook to pay our friends and we  can pay via email too. We can pay for anything with just a tab. And when money comes in our account we will know straight away .We can pay  anywhere where paypass is accepted. Commbank Kaching is the  World’s first in mobile payments. We can check our account balance anytime simply without logging just using our pin no.


http://www.pcworld.idg.com.au/article/405233/kaching_commonwealth_bank_first_nfc_payments_iphone/9.08am 24 may 2012