DIGISEQ teams with Curve to bring passive wearable payments to Europe
By Gloria Methri
Wearable tech pioneer DIGISEQ has partnered with financial super app Curve, bringing its innovative payment technology to the UK FinTech’s four million customers across 31 European countries.
The partnership will see DIGISEQ’s contactless payment technology combine with Curve’s financial app to offer a vast array of fashionable, functional, and elegant wearable items, that enable customers to pay for goods with speed and security.
Curve’s mobile platform allows users to manage their spending on all linked debit and credit cards and access a growing number of payment functionalities.
DIGISEQ will enable Curve’s customers to make contactless payments, with a choice of stylish wearable items that go wherever the customer goes. The wearable tech transforms any passive item such as a ring, bracelet, or clothing, into a contactless payment device, just by inserting a chip.
The technology can provide banks, payment service providers, and other businesses with new use cases for driving up contactless transaction volumes and boosting interchange revenues.
Consumers can securely access their Curve payment account on their wearable using their Android or iOS smartphone. Users can link their card to their wearable item using DIGISEQ’s Manage-Mii app, to make payments immediately.
Terrie Smith, DIGISEQ Co-Founder, and Global Ambassador, said, “We are thrilled to share the benefits of our contactless payment solution with Curve, enabling payments to be made through a spectacular range of unique and stylish wearables readily available on the market.
“In addition to payments, DIGISEQ’s solution can also bring a much richer consumer interaction experience with ’Promo-Ready’ – simply tap your wearable against your NFC smartphone to receive offers, upgrade your account, see your account balance, and more.
Curve’s founder and CEO, Shachar Bialick commented, “We are very excited to partner with DIGISEQ to deliver new, exciting, and innovative ways for people in over 30 countries to use their Curve card. Our work with DIGISEQ will help us bring Curve payments to wearable technology that people already use every day, furthering our mission to become the most consumer-centric financial tool in anyone’s wallet.”
IBSi Daily News Analysis
January 16, 2024
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