"Brake" on spontaneous markets without a second thought promises to put the iBag bag, which literally locks the wallet inside. The bag of ... crisis, is addressed to ladies who are unable to control their consumption hurdles when they are riding a city or a shopping mall.
The bag iBag has an intelligent locking system that is activated when the owner is near her favorite store
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Thanks to the RFID technology, the bag knows where and how many times its owner takes out his wallet. In this way, the iBag creates a map of "dangerous areas" which it updates or consults when. On the move. So as soon as the owner enters a red area, the bag sends a warning sms. A GPS chip controls LED lights inside the bag which start flashing, putting it on alert as soon as the owner enters the consumer danger zone.
IBag was created on the basis of the Australian Credit Card Finder survey results published on www.creditcardfinder.com.au. As the poll revealed, one in four credit card holders do not pay off their account balance each month. The same company therefore developed the smart bag to help people who are unable to control their money.
"Many Australians are out of control when it comes to managing their credit card and they do not realize the economic impact of their spontaneous and often ridiculous consumer fury," says Michel Hutchinson, head of public relations at the company.
George is still wondering what he is doing here….

