Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has become one of the first companies in Europe to provision numberless cards.
Nathalie Oestmann, Curve’s Chief Operating Officer, said:
“PAN-less technology is the future for all payment cards, and we are truly very proud that Curve’s crowdfunding investors will be among the first in Europe to benefit from the technology.”
Investors first!
As per the company claims, printed PAN numbers are simply a legacy from the past, and as cards and finances have digitised, the real technology of payment cards now resides in the chip.
Initially, the investors from Curve’s record-breaking crowdfunding round will be the first in Europe to benefit from the innovative technology when they receive their card in the coming weeks.
Fresh looks and sleek design!
In a bid to look attractive, Curve has decluttered the new cards, producing a fresh looking and sleek design unique to the investor cards.
What’s about the numbers? Since it’s a numberless card similar to Apple’s credit card, users can access the details in the Curve app, making online transactions much easier and more secure.
Nathalie Oestmann added:
“Not only are these new investor cards more secure and easier to use, but the clean, decluttered, and minimalist design is something we feel our investors are going to be very happy with. We are delighted that the Curve is one of the first companies in the world to bring this unique technology to the market.
Offers extra layers of security!
Coming to the working mechanism, the new investor cards still work with chip and pin machines or contactless technology in shops throughout the world as all the data is stored in the chip in the card. This provides an extra layer of security as the information is stored behind a pin number or biometric technology in the Curve app, rather than on the card itself.
Curve’s crowdfunding round broke records in September last year, becoming the fastest UK startup in history to raise £4M in crowdfunding on Crowdcube. After initially smashing its £1M target in under five minutes, it closed out the record-breaking round at just under £6M from over 9000 investors.
Main image credits: Curve
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