Swatch has revealed that it's working on a mobile payments watch that it'll launch in partnership with banks in China. Bloomberg reports that the timepiece will let users make purchases at point-of-sale machines in stores, thanks to an NFC chip that's embedded beneath the dial. The device, named Swatch Bellamy, will launch in January 2016 in the country, priced at 580 yuan ($91), with releases in Europe and the US coming afterward. Unfortunately, we're not sure too many people are going to be camping out days ahead of time to buy a bargain-basement fashion watch with an NFC chip inside. After all, you could buy a regular watch now and just grab an NFC sticker from any bank that offers them to its users.