With all of the fast cash and instant payment systems popping up these days, something like the LAKS 'watch2pay' system not only fits the bill but offers even more practicality. This innovative watch-credit-card hybrid system, created by the family-run Austrian watch company LAKS, allows you to make contactless MasterCard® payments using only your watch.

The LAKS watch2pay system is definitely an ingenious invention. As the company points out, watches are worn--not carried. This means they will always be on hand (literally) and easily accessible. It also means there is less of a chance that you'll lose the watch, an advantage you definitely can't ignore, especially since it's so easy to misplace your wallet or phone.

What's more, the LAKS watch2pay offers a variety of cool and colorful watch styles made from high quality materials such as scratch-proof sapphire glass and hand-brushed steel.