Google Pay will now work with all banks after Curve integration
The ‘over-the-top’ banking platform provides its users with a single Curve card which can make payments from any other bank card they have. google pay banks
Curve’s integration with Google Pay means its users will be able to link all their bank cards to Google Pay, irrespective of the provider.
At the same time, it provides all banks whose cards use Mastercard and Visa with Google Pay support.
While many major UK banks already offer Google Pay, some have instead built NFC-enabled payments into their apps, such as Barclays and Virgin.
Curve will be looking to drive the use of its platform through the added convenience of being able to shop without having a physical card handy.
Google Pay also has the advantage over standard contactless payments of not being limited to transactions of £30 or less.
Head of product at Curve, Diego Rivas, says:
“By combining the Google Pay experience with Curve’s unique all-your-cards in one and money management features, Curve customers get to experience one of the most rewarding and feature-packed personal finance products on the market.”
This announcement follows hard on the heels of Curve’s integration with Samsung Pay, launched earlier this week. Support for Apple Pay is also currently in the works.
Curve secured $55 million as part of a Series B funding round in July. This valued the company at a quarter of a billion dollars, placing it in the top five UK consumer fintech companies alongside Transferwise, Monzo, Revolut, and Starling.