Curve promises card users 'financial time travel'

Curve promises card users 'financial time travel'

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)

A Finextra member
A Finextra member 04 July, 2017, 12:451 like 1 like

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. 

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune 04 July, 2017, 20:10Be the first to give this comment the thumbs up 0 likes

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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