Speedpass recently began a limited test of the new Speedpass-enabled Timex watch in Chicago.

The new Speedpass Timex watch looks and functions just like a regular watch. However, inside the timepiece is a miniature Speedpass radio frequency transponder that allows customers instantly to pay for purchases at Exxon and Mobil gasoline stations nationwide and at more than 400 Chicagoland McDonald’s restaurants.

Today, most Speedpass customers use a miniature device that attaches to a key chain. The new Speedpass-enabled Timex watch gives customers a hands-free option that enables them to pay for purchases by simply waving their watch in front of an electronic reader located at the pump, the checkout counter or the drive-thru window.

Because the new Speedpass Timex watch is in a limited test at this time, it is not yet available to the general public.

For more information visit http://www.speedpass.com