Wearable Tech Pioneer DIGISEQ Partners with Curve to Bring Passive Wearable Payments to Europe

Payments
21.03.2023 10:05 am

DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with financial super app, Curve, bringing large-scale wearable payment technology to the UK fintech’s 4 million customers across 31 European countries.

Powered by DIGISEQ’s revolutionary contactless payment technology, the partnership brings a unique product offering to the European market, combining Curve’s financial super app with a vast array of fashionable, functional and elegant wearable items – giving customers the ability to pay for goods with speed and security.

Founded in 2015 with a mission to simplify the way people spend, send, see and save money, 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 including contactless and mobile payments. Curve’s mobile platform also provides users with access to innovative features including its ”Go Back in Time” transaction switching solution, cashback, competitive FX rates and free ATM withdrawals.

DIGISEQ will enable Curve to give more choice and convenience to its customers in how they make contactless payments, with a choice of stylish wearable items that go wherever the customer goes. Unlike active wearable items like smartwatches that depend on battery life to function, DIGISEQ’s wearable tech enables virtually any passive item without a battery – such as a ring, bracelet, even an item of clothing – to be inserted with a chip and be transformed into a contactless payment device. This is a revolutionary innovation in wearable tech, and one that can provide banks, payment service providers and other businesses with new use cases for driving up contactless transaction volumes and boosting interchange revenues.

DIGISEQ’s ground-breaking mobile personalisation technology RCOS™ allows consumers to securely provision their Curve payment account onto their wearable using their Android or iOS smartphone. There is no need to share payment details with another third party, simply enable from the comfort of your home – any time, any place.

Users link their card to their wearable item using DIGISEQ’s white-labelled Manage-Mii™ app, activating it in seconds, allowing them to make Curve powered wearable payments immediately.

With a market value of $171.38bn expected by 2032 and a projected growth of more than $150bn over the next 10 years, DIGISEQ’s partnership with Curve comes at an exciting time for wearables as they break into the mainstream market. With consumer brands seeking to deepen connections to their customers and incentivise more transactions, the partnership between DIGISEQ and Curve will offer consumers even more choice and greater convenience in how and where they can pay.

Terrie Smith, DIGISEQ Co-Founder and Global Ambassador, says: “We’re 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. This delivers huge benefits to brands looking to interact more frequently with their customers, and also streamline costs and incentivise more daily transactions.

“The past 18 months have been an incredibly exciting time for DIGISEQ, with our technology having been employed to great effect by globally recognised names, including the world-renowned Roland-Garros tennis tournament, designer Philippe Starck, and Spanish LaLiga giants, Real Betis – the partnership with Curve really is the icing on the cake.”

For consumer brands, banks, payment service providers and other businesses looking to get closer to their customers, wearable tech creates countless opportunities to provide truly interactive and immersive experiences. DIGISEQ’s world-first solution affords customers the freedom and flexibility to choose how they want to pay, and provides invaluable opportunities to strengthen customer loyalty through targeted marketing insights and real-time transaction tracking.

DIGISEQ handles the over-the-air personalisation and payment enablement of the wearable item from end-to-end, saving brands, banks, payment service providers and OEMs vast amounts of time and money. This also helps businesses and banks to significantly reduce the amount of plastic they use, boosting their environmental and sustainability efforts.

Curve’s founder and CEO, Shachar Bialick comments: “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. Curve has always been at the cutting edge of consumer finance by helping users supercharge their money. 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 – or ring, bracelet, and anywhere else they choose to use DIGISEQ’s technology.”