Apple Announces New Passbook App to handle your storecards, tickets and passes

As part of the WWDC ‘12 keynote, Apple revealed a Passbook app which handles virtual store cards, e-tickets and electronic boarding passes. Most of these are displayed visually via QR code or barcode for the point of sale systems to read. Neat solution, reminiscent of the Square Cardcase App.

Update: Engadget has a good gallery of Passbook for iOS