Gnosis Pay to Discontinue Debit Card Services on December 20, Pivots to B2B

Gnosis Pay has announced the closure of its consumer debit card services effective December 20, shifting its strategic focus toward a B2B business model. The company stated that while funds held in Safe accounts will remain accessible after the deadline, users wishing to continue using card-based payment services must open accounts with a partner provider and obtain a new card.