It's actually a handheld ATM in that it's an actual ATM, which means that you can do everything that you can at a normal ATM but on the go (except withdraw cash). Why you would want to pay your bills, transfer money between accounts, or "request money from other people" on a handheld ATM is anyone's guess, but we suppose BlingNation has some plans for it that we don't quite understand. Couple that with the cost of $100 and monthly fees, it's unlikely that anyone would want to use this at home (where they have a computer already to handle banking needs) or on the go. [Inventorspot]