The Commonwealth Bank outed its Kaching near-field communications product for payments way back in 2011, and since then all seems to have gone quiet around the whole idea of paying for stuff with your phone, until now.
Meet Albert. Albert is the new point-of-sale transaction tablet from the Commonwealth Bank. Albert likes Pi. Pi is the software platform that powers Albert so that he can help merchants offer custom-built apps like loyalty programs, bill splitters and merchandise trackers to their customers. Confused yet?
According to the Commonwealth Bank, the figures are pretty one sided, but it raises the question as to whether you bank online on mobiles at all.