Wirecard Joins Forces With Curve to Bring Next Generation Payment Cards

Wirecard, a provider of outsourcing and white-label solutions for electronic payment transactions, has announced a partnership with London-based Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term, Curve, to introduce a new payment solution.

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Wirecard provides companies with an end-to-end infrastructure for issuing products, including the requisite licenses for card and account products. Its global multi-channel platform bundles international payment acceptances, methods and fraud prevention.

Curve, meanwhile, allows users to connect up an unlimited number of bank cards into one physical payment card which is accepted everywhere. The service is supported by a mobile app which provides a clearer picture of Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, putting users back in control. By uniting existing credit cards, debit cards and other payment methods in a single place, Curve users can access low currency conversion fees and view transactions from all accounts on one screen in real-time.

Jack Harris, VP of Sales Financial Institutions Europe at Wirecard, commented: "We are delighted to be supporting Curve with its launch. The solution targets the SME market which is growing and underserved by traditional providers. It is that combination that makes this partnership exciting and supports Wirecard’s key strategy of empowering smart technology solutions and innovative business models."

Shachar Bialick, CEO of Curve, added: "Wirecard is a pioneer in the payment space, and an ideal partner for Curve to help us achieve our mission of simplifying the fractured payment space".

The collaboration supports Wirecard’s ambitions to provide customers with more flexibility in how they make payments and manage their spending.