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Genius! The last comment has made me re-think the future of payments. Have you though about training the dog to go to the local shop to buy the milk and newspaper? 

Most Exciting! I've been waiting at the proverbial bus stop for over 15 years, then suddenly two viable mobile payment vehicles arrive at the same time. Thanks to Apple Pay and Zapp, UK folk can now look forward to a summer of tapping, apping and zapping.

I reached similar conclusions without actually buying one - I know that's cheating a bit. But out of curiosity, could I ask you what make/type of watch (if any) has your new device displaced?

Does anyone know some decent restaurants near Miami? I was just thinking - if someone stands you up, and gives you a credit card then I'd like to improve on K-KFC-McD!

Richard & Andrew - it was too hard to resist: 

https://www.finextra.com/blogs/fullblog.aspx?blogid=10505

Sorry Richard - I'm pretty sure Arkwright's was a cash only, manual register.

It just occured to me - I cannot remember a fictional representation of a retail electronic payment appearing on TV/film anywhere. Can anyone think of one? Will this be a first for consumer payments?

I noticed a machine blown up in Highgate, North London a few weeks ago. This was around the time of Santander Bank's lovely marketing gig which involved hiding a Formula 1 racing driver inside an ATM. No harm came of that, but I couldn't help wandering if anyone had warned Jenson Button of the explosive dangers of this confined, fast moving payments race. 

Thanks for your comment Charmaine. It's is a complex social problem - literally a "big isssue" - which the payments community is not going to solve alone. And I agree that our industry (and societies generaly) would benefit from a wider application of social/political sciences.

Eric - I Suspect David meant high transaction "values" (not "fees"). If you're a merchant with regular transaction values of, say, GBP250, used to paying a debit card transaction fee that includes only a fixed 8 pence interchange component, then it will get painful if that component is now to be calculated at 0.2% (i.e. 50 pence) per transaction.