LoopPay's ChargeCase Turns iPhones Into Credit Cards

LoopPay has announced the ChargeCase, an iPhone accessory that can turn your phone into a credit card. The ChargeCase will be sold for $99, and both the iPhone 5 and 5S are supported. The accessory enables wireless credit card swipes at checkout terminals through the use of a magnetic loop.

For the time being, those who order a ChargeCase will also receive the company's Fob. The Fob can capture your credit cards stripe data and save it for future use.