Gnosis Pay Shuts Down Consumer Card Service Amid B2B Shift

Gnosis Pay has announced that it will shut down its card service on December 20th as it shifts focus towards business-to-business (B2B) services.

The move means that users who have funds in their Safes will still be able to access them after the cutoff, but they will need a partner account and a replacement card for continued spending with Gnosis Pay cards.

Gnosis Pay did not provide further details on its plans for B2B services or what impact this change would have on users. The company has been focusing on developing its DeFi ecosystem and providing financial infrastructure to institutions.