SAMSUNG PAY CARD SET TO BE POWERED BY LONDON FINTECH CURVE IN THE UK
The London-based fintech Curve has entered into a partnership with tech giant – Samsung, while it’s understood the latest development aims at assuring Samsung customers of payment solutions in addition to other benefits. The subject fintech is poised to re-building a series of financial products by letting each entity consolidate its bank cards into a single card and app, however, the forthcoming debit card emerging from Samsung is scheduled to launch later this year.
Samsung is obviously poised to compete favorably with Apple Wallet in addition to Apple credit card as it stands. The product which is aimed at digital payment solution designed to offer Samsung 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”. Also structured as Curve’s direct service which presents the ability to “synchronize loyalty and bank cards in a single unit” for an effective digital wallet experience. In the process, while addressing the press, it got to a point that the product was referred to as Samsung Pay Card “powered by Curve.
Responding to this development, the Corporate Vice-President of Samsung UK and Ireland ‘Conor Pierce’ made it clear in a statement that, “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”.
“At Samsung, our customers are 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”. While in addition to the London’s fintech Curve partnership, Curve’s founder and CEO ‘Shachar Bialick’ stated:
“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”.
It’s also understood the tech giant has struggled to obtain banking relationships required with a unique payment option, and with Curve offering its company’s Mastercard Curve debit card, supported by Samsung Pay just as it does to any bank card added to Curve will practically scale-up transactions for Samsung.
Looking at Samsung’s forthcoming debit card, its features, and benefits coupled with outstanding Curve’s features that have been on increase over the years based on steady development presents the card as innovative with a nice app.
What’s your take on fintech Curve and Samsung Pay partnership?