Global tech firm Samsung Electronics Co., Ltd has announced a partnership between Samsung Pay, the digital banking Fintech Curve, and Mastercard to launch the Samsung Pay Card.
Curve is a Fintech service that allows users to manage and consolidate cards into a single app providing a variety of additional services making it easier to manage your money. Samsung Pay is, of course, a huge payments platform having topped 1 billion in transactions in 2019 – a number that is expected to double this year.
Curve states that the Samsung Pay Card powered by Curve will offer customers a true digital wallet experience all on their mobile device The partnership with Curve is said to be the first of its kind in Europe for Samsung Pay. Samsung Pay Card officially launches at some point in the UK later this year.
Shachar Bialick, founder and CEO of Curve said that both Samsung and Curve are doing remarkable things in their industries:
“… This new partnership sees two of the most innovative companies in the world collaborate on an exciting product that undoubtedly will raise the bar for Fintech globally. 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.”
Conor Pierce, Corporate Vice-President of Samsung UK & Ireland, said they were delighted with the new partnership that will provide a new payment solution to Samsung customers:
“At Samsung, our customers are at 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.”