UK based Fintech Curve has updated a feature known as “Go-Back-In-Time.” The feature enables users to move charges from one card to another within a two-week window. Today, Curve is announcing the ability to switch payments made up to 3 months ago. Curve says this allows people to transfer any payments made on Curve long before the COVID-19 pandemic hit Europe. The feature is now available to all Curve customers, with the 90-day extension planned to last throughout the Coronavirus crisis.
Before the Coronavirus lockdown began, and because changes to everyday life have been so sudden, many people and businesses made decisions or made purchases which may now have put unexpected pressure on their cash flow. To counter this, the Curve team has been working to produce a solution that will give its customers increased flexibility and control in these difficult days as well as greater access to cash, says the company.
“We hope that extending our unique Go-Back-In-Time feature helps our customers who have been financially impacted by Covid-19 and enables them to more easily get access to cash from their bank accounts,” said Shachar Bialick, Founder and CEO of Curve. “Although we cannot reverse the initial spending, we have found a way to help our customers with their cash flow by extending the time-travel functionality by more than six times what it was. While we might not be able to stop the economic fall right now, we’re doing all we can to widen the security net for our customers who will now be in a better position to reassess their finances and be able to get more immediate access to cash to pay their bills.”