The Wristwatch that is ALSO a credit card
Wow..if i can say so myself. A bank in Turkey has teamed up with MasterCard to produce a wristwatch that is incorporated with a credit card. All you need to do is tap your timepiece on the special sensor and you’ve paid your bills. Now, we have all heard of PayPass – it usually functions as a pass to pay for gas or small knick knacks in 7-elevens but this is a credit card. That means your buying power has just increase and depending on where you are, you might not even need to bring out cash.
I don’t know if this will catch on in Japan yet, maybe it will maybe it won’t because money is still the main transaction amongst business in every district. You can swipe this watch for any purchases below 15 euros and you won’t need to sign or enter your pin. However, if you want to buy a Ferarri, you’ll going to have to sign :P
This watch is available at WristDreams.
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May 20th, 2007 at 10:12 am
>>I don’t know if this will catch on in Japan yet, maybe it will maybe it won’t because money is still the main transaction amongst business in every district.
May 20th, 2007 at 10:18 am
Oops!
I meant to write that the “PASMO” card for trains and purchases is a HUGE success (I bought bagels with it last night). All 5 million PASMO cards were sold out by the first week and now there’s a waiting list of 6 months.
See
http://doiop.com/PASMO