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05. 17. 2007

Wristwatch with built-in credit card

mastercard-paypass-wristwatch.jpg

How come we're (meaning those of us in the U.S.) always last to get the really cool gadgets?

A bank in Turkey has teamed up with MasterCard to offer the world's first watch with a PayPass-enabled credit card built in.

PayPass is a special technology enabled on credit cards and keytags that allow consumers to pay for smaller purchases by just tapping it onto a special sensor. Sure, we have the mini-Fast Pass to pay for gas, but we're talking a credit card here, people.

Want a Burger King or a Starbucks? Just tap your new watch on the PayPass reader to make the equivalent of a credit card purchase. The PayPass watch allows users to make purchases under 15 euros, with no signature or PIN required. For that Gucci purse, you'll need to leave a signature.

Posted by Evan    Category: devices | wearables
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Comments (1)

Nita:

Great! I needed an easier way to spend my money

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