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Garanti Bank, a Turkish bank, has joined with MasterCard to offer the world's first wristwatch with a PayPass-enabled credit card built in to their customers. PayPass is a contactless technology that enabled on credit cards and keytags. This is a new era for credit payments in Europe. From now on, customers can use their wristwatch to pay for smaller purchases by just tapping it onto a special sensor. You can purchase the PayPass watch just 15 euros, with no signature or PIN required.