Cashbee Watches are displayed at a 7-Eleven in central Seoul on Tuesday. The wristwatch has a built-in circuit that allows the wearer to pay for public transportation, including buses, subways and even taxis. The watch can be also used to buy products at several retailers, including 7-Eleven.
According to Cashbee, it will only sell 1,500 of the watches. The accessory will come in eight different styles and is available in three colors - black, white and pink. The company said it is the first Korean wristwatch that has a public transportation payment function. The watch costs between 39,000 won ($35) and 59,000 won. [NEWSIS]