You want to buy a watch only for payment!? DON'T DO IT!
The most secure & private method is: CASH!
Do as much as you can with cash. Don't buy where you can't pay cash. And tell them so.
If you want to use such services just use NFC on your phone!
Doesn't open new attack vectors, Bluetooth can be kept off...
Secure VS Privacy it might be slightly more secure in theory but it just puts more data about you into the world
Here the TOS section about privacy
- Privacy
(a) Information Google May Share. In order for Google to provide Google Pay services, you permit Google to disclose to apps and websites that you have set up Google Pay, and to share your device, payment, location, and account information with your payment method's issuer and network. Where necessary to process your transactions, you also permit Google to share your personal information with merchants, payment processors, and other third parties.