Watch2Pay : Money on Your Wrist

[$teve]

Another technological innovation leading to MOB technologies. Already accepted in 32 million places worldwide...

It's time for a whole new way of contactless paying: watch2pay is the first watch worldwide that paves this way. Simply hold your watch at a MasterCard® PayPass ™ reader and you are done. Easy Money.

Home page: http://watch2pay.co.uk/en/home.html

Video: http://watch2pay.co.uk/en/product/the-watch2pay.html

How it works: http://watch2pay.co.uk/en/product/how-does-it-work.html

Product details and specs: http://watch2pay.co.uk/en/product/product-details.html

[savedatcamp]

My Swatch won't work with that.

[Robinbobbin]

Interesting. Probably similar technology to the "pay by scanning your phone" banking dealeyo.

[Mooky]

Just another way to "watch" your money disappear.

[Tall Timbers]

Paying with or via devices seems to leave a lot of room for problems. Say you lose your watch or someone steals it from you. Lets say the person who steals it from you takes your life so that they can get a lot of use out of your watch or some other device before a problem is discovered.

[Mtown]

Paying with or via devices seems to leave a lot of room for problems. Say you lose your watch or someone steals it from you. Lets say the person who steals it from you takes your life so that they can get a lot of use out of your watch or some other device before a problem is discovered.

I know how to solve that. Simply remove the chip from the watch and implant it in the hand or forehead.

[Tall Timbers]

I know how to solve that. Simply remove the chip from the watch and implant it in the hand or forehead.

In real life that idea scares me more. When I lived in Colombia, S.A., in the big cities, robbers would cut off fingers and ears of women to snatch their rings/earrings... think of the possibilities for mayhem by criminals. I look at where we're going with payment methods and the possibilities and means of potential criminal intervention is frightening. It's easier to hand over your wallet than to hand over the chip in some part of your body, you see.

At least you didn't suggest implanting the watch itself in or on the forehead

[Raphael]

If you want to stop payment, do you use a stopwatch?

[savedatcamp]

If you want to stop payment, do you use a stopwatch?

[Shining Brightly]

My first impression, it looks a bit gimmicky and I doubt will seriously catch on. In the UK you can use your credit card to pay using "contactless payment". You simply wave the card at the cash machine and you pay without a signature, pin number or anything. But the payments are limited to a maximum of £15.00 per transaction. Also, I remember reading in The Footsteps of the Messiah, that the MOB won't be a credit facility implanted in your forehead or hand but rather his mark which means you're IN the circle so to speak and therefore allowed to trade, buy..etc