Published On: Fri, Nov 15th, 2019

Curve, a ‘over-the-top’ banking platform, adds support for Samsung Pay

Curve, a London-based “over-the-top banking platform,” has combined support for Samsung Pay in a U.K., creation it easy for Samsung smartphone owners to compensate regulating their mobile phone, regardless of who they bank with.

The new underline is enabled by Curve’s ability to bond all of your bank cards into a singular Curve card. This means that once we register your Curve label with a Samsung Pay app, we can couple any of your other Mastercard and Visa withdraw or credit cards too.

That’s potentially utterly poignant for Samsung business since of a miss of Samsung Pay support from many of a vital banks who cite instead to build NFC-enabled payments into their possess banking apps.

Unlike Apple, that firmly controls a iPhone’s NFC record and therefore arguably army banks to work with them, a NFC tech in Samsung and other Android phones can be accessed by third-party developers. This means there is reduction inducement for banks to support competing NFC apps, including digital wallets such as Samsung Pay and Google Pay.

Related to this, I’m conference from sources that Curve might be adding support for Google Pay in a entrance weeks. Apple Pay is also famous to be in a works. The association declined to comment.

Meanwhile, a hurl out of Samsung Pay follows Curve’s $55 million Series B spin announced in June, that valued a association during $250 million. At a time, Curve pronounced it would use a new collateral to continue adding some-more facilities to a height and for serve European expansion.

Like a engorgement of fintech startups, Curve wants to spin your mobile phone into a financial control centre that re-bundles manifold financial products or functionality to offer a singular app to assistance we conduct “all things money.”

However, rather than building a new stream comment — as is a box with a challenger banks such as Monzo, Starling and Revolut — Curve’s “attack vector” is a label and app that lets we bond all of your other withdraw and credit cards so we usually ever have to lift a singular card.

Now with Samsung Pay support, for NFC-enabled purchases we usually need to lift your Samsung phone.

About the Author

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>