What is OYBIKE?

The OYBike System is a street-based rental station network that allows you to hire and return a bicycle 24/7 via your mobile phone. The OYBike system is based on the availability of rental bicycles at key locations:
Tube stations
Public buildings
Key transport interchanges
Car Parks These bicycles are secured to their bike stands using cables that are attached to the bicycle and which double as security locking cables when the bicycles are on hire. Each bike stand is equipped with a specially developed electronic lock operated through a keyboard and LCD display. This lock holds the cable secure until that bicycle is rented out. An OYBike registered user select an available bicycle and the locks display a code, the user then calls the OYBike call centre and gives them that code.
A unique pin code is then read out to the user and sent back by text messaging. This pin code is entered into the lock to release the bicycle. After use the bicycle is locked into any empty port on an available OYBike station. A unique pin will appear on the lock display that must be sent back to OYBike to end the hire period.

MOre details and hiring info for my UK friends available in this link.I am doing a bit for the environment.

http://www.oybike.com