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Sio the iPhone has found yet another new use: now it has been turned into a mobile credit card processing device, thanks to a new application called ProcessAway. The software is made for an Apple iPhone or iPod Touch and works over any available network connection. Transactions can be processed at places such as conventions, street fairs, antique shows, and by business owners performing mobile detailing, on-site consultation or construction.

Motorola's Droid smart phone has attracted a fair amount of attention as possibly the toughest challenger for the iPhone.