The Austin-based TabbedOut iPhone app, which allows bar and restaurant patrons to pay their bill via credit or debit card on their phones (no human interaction necessary!), has received a $2.05 million investment and plans to expand nationally (tt's currently available in Austin, Dallas, Denver, and Chicago). Founder Rick Orr says he got the idea for TabbedOut after waiting an hour for a restaurant bill. [Statesman via -E-]
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