05. 17. 2007
Wristwatch with built-in credit card
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.