Curve, the consolidated banking platform, is now testing Curve Credit with a small number of customers. Curve Credit is scheduled to be publicly available this year and it offers credit on all purchases done using a Curve card. The company created the feature as a means to compete with point-of-sale finance companies.
Curve's new credit feature differentiates itself from other point-of-sale finance companies by providing consumers with the ability to ‘Go Back in Time.’ This means that consumers will be able to retroactively change the bank account or card used to process a payment. Users can access the feature through their recent transactions. However, during the testing period and roll out the interest rate will be 0%.
Image Credit: Curve