Samsung teams up with Curve to launch its digital-first Samsung Pay Card

Samsung has announced the new Curve-powered Samsung Pay Card in collaboration with global payments tech company Mastercard. This digital-first card is a simple one and provides users complete control over their spending sans the fuss of changing banks.

Samsung Pay Card digital-first card

Unlike the other traditional bank cards, the all-new Samsung Pay Card combines everything in one place. It utilises Curve’s unique technology along with the worldwide acceptance footprint of Mastercard. Samsung Pay users enjoy an improved and better banking experience via their Samsung smartphone and smartwatch and gain rewards as well.

Samsung Pay Card: Notable features

Samsung Pay Card deploys Curve technology and brings both Visa and Mastercard banking cards in a single platform and modernises the banking experience. The ‘Go Back in Time’ feature lets customers move transactions from one card to the other and gives them more flexibility. Customers can get 1% instant cashback along with existing rewards from across a range of brands. On using the card on Samsung.com, customers can get 5% rewards on all purchases.

What’s interesting is that the Samsung Pay Card lets customers access the mid-market rate all through the week and this is much cheaper than the actual currency conversion fees provided by several high-street banks. Customers can have a clear understanding of payments and access transactions made via different cards from the Timeline View in the Curve app. There will be real-time notifications for recent transactions in Samsung Pay.

Doesn’t compromise on security

In addition to these features, there is vault-like security with Samsung Knox and it lets customers enjoy their mobile experience with a lot of confidence. There is always-on and proactive protection and multi-layered defence-grade security providing protection to the finances of customers. When the smartphone is lost, users can instantly lock the access to Samsung Pay Card via another Samsung device sans contacting the banks. Also, the Find My Mobile feature helps find the lost device.

“Now, more than ever, people need a secure payment solution they can rely on. We’re excited to be able to put the control back into our customers’ hands, by launching Samsung Pay Card,” said Conor Pierce, Corporate Vice-President of Samsung UK & Ireland.

“At Samsung we believe in the power of innovation and, through our partnership with Curve, the Samsung Pay Card brings a series of pioneering features that will change the way that our customers manage their spending, with their Samsung smartphone and smartwatch at the heart of it. This is the future of banking and we look forward to continuing this journey with our customers.”

Shachar Bialick, CEO and Founder of Curve said: “The Samsung Pay Card, powered by Curve, changes the game for customers in the UK. 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.”

He added: “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.”

Kelly Devine, President, Mastercard UK & Ireland said: “We are thrilled to build on our existing relationships with Samsung and Curve to partner 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.”

Main image picture credits: Samsung