
In America this technology is already in use to store money. You would top up the RFID like an oyster card and use it to pay for items. So if you go to the grocery shop you don't have to bring cash, instead you would bring your RFID enabled mobile phone. When you go to the checkout to pay for your items you just swipe the phone on the designated area to pay, this then deducts the payment from the RFID tag.
Paying using an RFID enabled phone
http://www.youtube.com/watch?v=w0HNGl0BnYk&eurl=
This is one of Nokia's range of mobile phones with an embedded RFID tag
http://europe.nokia.com/6131nfc

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