Curve inks deal with Samsung to launch new digital payment solution Samsung Pay Card

Samsung Pay has signed a partnership with the digital banking platform Curve and Mastercard to launch the Samsung Pay Card.

Curve is a FinTech company that has developed a solution that enables users to put all their cards on one platform. This is something that the new digital payment solution Samsung Pay Card is leveraging. Samsung Pay Card is designed to offer customers greater flexibility and control when managing their finances by offering a single view of spend, whilst also enabling a simple and secure way to pay.

With the ability to sync multiple loyalty and bank cards in one place, the Samsung Pay Card, powered by Curve, will offer customers a new digital wallet experience via their mobile devices.

“We are delighted to announce this new partnership with Curve, coming together to provide a new payment solution for Samsung customers which will be available via Samsung Pay later this year,” said Conor Pierce, corporate vice-president of Samsung UK & Ireland.

“At Samsung, our customers are at the heart of everything we do, which is why we strive to create the best technology, services and solutions. The Samsung Pay Card powered by Curve will allow us to expand our Samsung Pay offering, giving our loyal customers even greater benefits and rewards than ever before.”

Shachar Bialick, founder and CEO of Curve, added, “Both Samsung and Curve are doing remarkable things in their industries, this new partnership sees two of the most innovative companies in the world collaborate on an exciting product that undoubtedly will raise the bar for Fintech globally.

“We are delighted to be able to offer Curve’s unique benefits to customers of one of the world’s biggest brands and enable customers to access a significantly greater range of banking services leading to a healthier financial life with Samsung Pay.”

Curve and Mastercard has been collaborating since 2016 when the startup launched its first debit card that combined multiple cards into one card. In April, the two companies  expanded their partnership when Mastercard made Curve a principal member.

In related news, Curve announced earlier in June that it was launching a new subsidiary named Curve Credit. The new initiative was set up to transform consumer credit by enabling customers to pay off their credit card debt and to split transactions into instalments, made on any connected cards, at any merchant, at any time, all effortlessly managed within Curve’s app.

Copyright © 2020 FinTech Global

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