Will this make phones even more valuable to thieves, if they can use them as credit cards?

quote:-
"The system should work quickly and efficiently"

i just lurrrrrrrrrrrrv the use of the 'should' word, dont ya just lurrrv a perpetual optamist, wait till the hackers get on the case, bloody hell the mind boggles !!!!

if its anything at all like oyster they and the punters are in for a rough ride lol (pun intended) oh dear, this is gonna be fun to watch :O)