Debit/Credit card swipe strip built into side of Iphone.

In the next generation iPhone could you build/install a card reader that enables iPhone users to share cash from their accounts as if they handed the person paper monies? For small business or consumers.
Apple could sell the app (or free) to support this device
Secure sharing of funds from your bank accounts with friends,business,anyone you wish!
Just an idea!
Just think of it grab your card slide it through the phone or stick the card chip into the phone just like a bank machine/check out till in a store and pay a debt!
Please respond with your thoughts if possible thanks.
Sincerely Scott Mackay.

There's a reason why Ludwig doesn't make cymbals and Zildjian doesn't make drums.  Each is quite good at what they already do.
A company called Linea-Pro makes a device similar to what you have described.
http://www.lineapro.net/linea-pro/

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