20 September 2017
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Curve promises card users 'financial time travel'

04 July 2017  |  8237 views  |  2 Canary Wharf Clock

London-based payments startup Curve claims to have cracked time travel, or at least found a way to let customers switch the card used for a transaction - after the purchase is made.

Curve lets users replace multiple cards with a single piece of Mastercard plastic and a mobile app. The new 'go back in time' option means that people can switch the card used for a transaction any time in the two weeks after a purchase.

“This update is a solution to a common payments problem, and we know first-hand it’s a feature our users are excited about," says Arthur Leung, product lead, Curve.

"Now, if a user makes a payment with the wrong debit or credit card, they can retrospectively switch the card they use to pay any time in the next two weeks. No manually re-wiring money; no missed loyalty points; no unintentional incurred fees by using the wrong card - with Go Back in Time, it’s just one tap."

Curve claims more than 50,000 sign-ups in beta mode for its cards, which have been used for over £50 million in payments, and is planning a full launch later this year.

Comments: (2)

Sinem Aktan
Sinem Aktan - Arrow COnsulting - Istanbul | 04 July, 2017, 12:45

This is hardly new. Mastercard introduced this feature years ago. Banks in Turkey have been doing this for at least 10 years and I know of a few issuers outside Turkey also offering it. Agin with fintech old ideas postioned as new. 

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Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 04 July, 2017, 20:10

In 30 years of using multiple payment cards, I've never once felt the need to switch cards ex post facto. So, it's nice to know that the ability to do so is a "common payments problem". But, then, I don't think "leave wallet at home" is a birthright either! 

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