Forget bonking, now mobes can buy stuff using pay-by-SQUEAK

Chinese spurn NFC, go for acoustic-coupled modem look

Chinese e-commerce giant Alibaba has launched a mobile wallet app with a more-than-passing resemblance to Apple's Passbook. It enables fandroids to pay each other over the air and squeaks every time it's used.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/01/21/alipay_squeak/