London-based banking platform Curve has launched its first purely mobile offering with Samsung Pay.
The new proposition allows customers to link their Samsung Pay account to any Mastercard and Visa credit or debit card. Curve’s aim is to offer close to 100% card acceptance and make payments more flexible.
Diego Rivas, Curve’s Head of Product, said: “To be able to offer Curve’s unique all-your-cards-in-one benefits to customers of one of the world’s biggest brands is a fantastic opportunity to cement Curve as the ultimate way to manage all your finances.
“It’s fantastic that Samsung customers will be able to take advantage of all the features of Curve, and we are happy to invite customers of more banks to the Samsung platform.”
Samsung users who sign up can also access a number of Curve’s features. These include Go-Back-In-Time, 1% instant Curve Cash, and competitive foreign exchange rates.
Swipe up and pay
Users can launch Samsung Pay by swiping from the bottom of their screen to bring up the last used card. Customers then must use a pin or fingerprint to prove their identity, and tap their device on a payment terminal to pay.
Samsung Pay allows customers to use contactless payment for transactions over £30, depending on merchant policies.
This new offering comes after Apple Pay was named the most popular payment app in the US by eMarketer, dethroning Starbucks.
In 2018, 27.7m Americans used Apple Pay to make purchases. Meanwhile, Samsung Pay users are expected to rise to 10.8m in 2019.
Earlier this year, Curve became one of the fastest startups to raise £4m in crowdfunding, after reaching its £1m target in under five minutes. Additionally, in July, the startup closed its series B funding round, valuing the business at quarter of a billion dollars.
The company has also announced proposed ambitions to scale-up throughout Europe and the US in 2020.