Wirecard, Curve partner for next generation payment cards

CURVEWirecard is entering into a partnership with the London based startup Curve to introduce a new payment solution. Curve allows people to connect up an unlimited number of bank cards into one physical payment card, accepted everywhere. It is supported by a mobile app that gives people a clearer picture of their payments putting them back in control. The card and smartphone app solution is supported by Wirecard’s technology, ensuring global usage of the Curve card and bank-level security protection.

By uniting existing credit cards, debit cards and other payment methods in a single place, users of Curve access low currency conversion fees, see and label transactions from all accounts in one screen in real-time (for instance expenses), pay everywhere MasterCard is accepted – and keep collecting their reward points.

“We have designed Curve to help ambitious business users simplify their finances, without asking them to depart too far from familiar card payments. Curve customers are often on the go both at home and abroad, and together Curve and Wirecard can meet their needs,” said Shachar Bialick, CEO of Curve.

Curve is initially providing the card to small business users – the freelancers, ‘solopreneurs’, micro-business owners and others who are the ‘movers and makers’ of the small business world. This group of small businesses often has varied and complex personal and business banking needs, and can be underserved by current retail banking offerings with regard to payments and managing multiple cash-flows.

“We are delighted to be supporting Curve with its launch. The solution targets the SME market which is growing and underserved by traditional providers. It is that combination that makes this partnership exciting and supports Wirecard’s key strategy of empowering smart technology solutions and innovative business models”, said Jack Harris, VP of Sales Financial Institutions Europe at Wirecard.

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Categories: Mobile Payments

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