Curve adds a new functionality for crypto reward transfers
UK-based super app Curve has introduced a new feature that allows users to transfer cryptocurrency rewards to external wallets.
This new feature aims to allow Curve’s customers and the crypto-curious to have more flexibility when it comes to digital assets. Curve enables customers to combine their existing debit, credit and rewards cards into an all-in-one payment card through the company’s app.
When a user earns a reward through the app or the Curve card, they have the option to convert that reward into one of 10 different cryptocurrencies. With this new feature, US and UK customers can transfer these rewards to their own external digital wallets.
Aside from improving usability, the product upgrade also aims to help users get the most out of their investments and prepare for the next wave of crypto adoption.
In the company’s press release, Curve representatives noted that clients expressed the need to increase the purchasing power of their assets at this point in the market, as some of them have invested in various cryptocurrencies. They also talked about the newly added functionality and how it allows people to manage their earned rewards as they see fit, whether they want to trade them on exchanges, use them to make purchases, or hold them for long-term investments.
More information about Curve and its recent partnerships
Curve is a super app that was launched to the public in 2018 and has gathered more than 4 million customers worldwide. The app gives customers more control over their existing cards by turning both physical and digital wallets into a single card. According to the official press release, Curve customers have full control over their existing accounts. The company has no currency and transaction fees, and it ensures a complete financial and expense picture in one place to support better budgeting.
In March 2023, Curve partnered with UK-based wearable technology pioneer DIGISEQ to bring wearable payments to more than 30 countries. Supported by DIGISEQ’s contactless payment technology, the partnership aimed to introduce a unique product offering to the European market. The collaboration blends Curve’s financial super app with a range of wearables, giving customers the ability to pay for items quickly and securely.
Essentially, DIGISEQ allowed Curve to provide more choice and convenience to its customers in how they make contactless payments, with a selection of different wearables that go wherever the customer goes.