Curve announces partnership with Discover in EU
Curve announces partnership with Discover in EU, allowing customers to add Discover Global Network Cards to Curve Wallet from today
Curve partners with Discover, one of the most recognised brands in US financial services and one of the four major credit card giants
EU-based customers can now add Discover Global Network cards on Curve
Partnership founded in innovation and mutual desire for expansion in US and Europe
8 July 2021, London: Curve, the fast-growing financial super app, announces an exciting new partnership with Discover (NYSE:DFS), a digital banking and payment services company, and one of the most recognised brands in US financial services. Discover Global Network comprises Discover Cards, Diners Club International Cards and cards from over 24 Network Alliance Partners around the globe.
Initially focusing on markets across Germany, Luxembourg, Austria and Belgium, Curve customers will be able to add their Discover Global Network cards, including the Diners Club International Card, to the app, allowing access to all the regular card privileges and rewards, as well as Curve loyalty and cashback, Apple Pay and Google Pay benefits on top.
Curve represents the next generation of money where customers enjoy the convenience of keeping all their cards in one smart digital wallet to manage spending and gain insights on their finances in the app. Curve Rewards allows customers in the UK to enjoy up to 20% cashback with selected online or high street brands - along with other product features such as ‘Anti-embarrassment Mode’ and ‘Go Back in Time’, which avoid awkward card declines by adding a stored back-up card or allowing payments to be switched to another card up to 30 days later.
UK customers are now flocking to the shops and there’s evidence of a post-lockdown spending boom across the eurozone in varying degrees. In May 2021, the value of total online retail sales was nearly 59% higher than pre-pandemic levels of February 2020, with sales volumes up by 9.1% for that period.
Curve’s founder and CEO, Shachar Bialick said: “We are excited to partner with Discover so their members can now use the Curve app. As a Big Four credit card network and issuer, the opportunities to capitalise on our mutual goals are endless. Emerging technologies and evolving customer expectations continue to drive the market and healthy competition and innovation can only be a force for good. Stalwart brands like Discover and Diners Club align with Curve’s ‘customer obsessed’ purpose and mission perfectly.”
Regional Head of Acquirer Partnerships and Merchant Sales, Europe at Discover, Bart Willems, said: “Today’s consumers want solutions that are tailored to how, why and where they shop. This new partnership with Curve will help our European customers do just that. It will allow them to stay on with their incumbent bank or card issuer while enjoying the technological add-ons an exciting platform like Curve can offer.”
Discover Global Network has more than 50 million merchant acceptance locations and 2 million ATM and cash access locations around the world. The Discover Global Network includes Discover Network, Diners Club International, PULSE and more than 20 alliance partner networks across the globe.
Curve is an all in one financial super app. Its mission is to be a one-stop shop for all the financial needs of a consumer; a single point of access to a wide range of financial products and services, bundling together all your money into one smart card and an even smarter app. Unlike other services available in the market today, Curve allows customers to connect and supercharge their legacy banks to the 21st century, without leaving their bank or signing up to a new bank. Curve is live in 31 markets across the UK and European Economic Area (EEA).
Curve provides a host of benefits to its customers:
Combines a customer’s Mastercard, Visa and Diners Club debit and credit cards in one card.
Enables customers’ cards to fit into Apple Pay, Google Pay, Samsung Pay, FitBit Pay and many more, even if their banks do not support this integration.
Curve provides 1% cash back for an unlimited time on Curve’s paid subscriptions.
With Curve’s patented Go-Back-In-Time® feature, Curve customers may be able to swap their spend to a different account, up to 30 days after the purchase was made.
Increased security and privacy - Curve simplifies customers’ lives by providing them with only one pin to remember; keeping other sensitive card numbers safe by using Curve when spending online; providing real time spending notifications and the ability to lock the Curve card directly from the app.
Peace of mind - Curve’s premium Metal offering provides mobile phone insurance and travel insurance to ensure customers can focus on living their lives, rather than worrying about losing their phone or bags when they travel.
Curve supports Mastercard, Visa and Diners Club networks. The Curve Card and e-money, related to cards issued in the UK, is issued by Curve OS Limited, authorised in the UK by the Financial Conduct Authority to issue electronic money (firm reference number 900926). The Curve Card and e-money, related to cards issued in the EEA, is issued by Curve Europe UAB, authorised in Lithuania by the Bank of Lithuania (electronic money institution license No. 73 issued on 22 of October, 2020).
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