The Samsung Pay card has all the features of a Curve card and is powered by Mastercard.
Curve, the all-your-cards-in-one fintech, has partnered with technology giant Samsung to release the Samsung Pay Card.
Samsung’s new card, first reported to be in development with Curve in June, is backed by Mastercard and uses Curve’s technology to let users use all their Visa and Mastercard banking cards in one place.
Samsung Pay Card customers will also be able to ‘go back in time,’ a signature Curve feature, on their payments and claim cashback and rewards from several brands, including 5 per cent cashback on purchases at Samsung.com.
Shachar Bialick, CEO and founder of Curve, said: “By bringing Curve’s unique technology to Samsung devices it empowers millions of Samsung customers to take control of their money, access more choice, and enjoy a banking experience like never before, across all their accounts, without the need to switch banks or limit themselves to only one bank, all from the palm of their hand.”
“Curve is already making big waves in the fintech industry and we are delighted to partner with such an innovative company and bring our powerful digital banking platform to millions of Samsung customers, improving their financial experience.”
Users of the new card will also have access to a range of features like reduced fees when spending abroad, bank level security and access to Curve’s one-stop-shop app where they can see recent and real-time transactions.
Kelly Devine, president of Mastercard UK and Ireland, said: “We are thrilled to build on our existing relationships with Samsung and Curve to bring this innovative digital-first solution to market, offering consumers convenience, flexibility and choice over how to pay, all underpinned by the trusted safety and security they expect from Mastercard.”
The new banking card was available as of yesterday to Samsung Pay users.