Gnosis Pay Sets Dec. 20 Card Shutdown as It Shifts to B2B
Gnosis Pay will discontinue its consumer card service on Dec. 20 as it pivots to a business-to-business model. Users will still be able to access funds held in their Safes after the cutoff, but using a payment card going forward will require a partner account and issuance of a replacement card.
Why It Matters
The move signals Gnosis Pay's exit from direct-to-consumer card issuance and a strategic focus on serving businesses through partners, which changes how individual users interact with the platform and access card-based spending.
Key Facts
- Company: Gnosis Pay
- Action: Consumer card service shutdown
- Cutoff date: Dec. 20
- User funds: Funds in users' Safes remain accessible after cutoff
- Continued card use: Requires partner account and a replacement card
Gnosis Pay announced that it will terminate its consumer card program on Dec. 20 as part of a shift to a business-to-business operating model. The company said users will retain access to funds stored in their Safes after the service cutoff.
Although account balances will remain available, customers who want to keep making card payments will need to move to a partner account and obtain a replacement card issued through that partner. The change effectively ends direct consumer card issuance by Gnosis Pay and routes future card spending through third-party partners.
The transition reflects a strategic repositioning toward B2B services rather than direct consumer offerings. Gnosis Pay’s statement emphasized continuity of access to stored funds while outlining the new requirement for partner-based card services.
Affected users will need to arrange for a partner account and replacement card if they wish to continue using card-based payments after Dec. 20. Gnosis Pay did not provide details in the excerpt about partner options, timelines for replacement card issuance, or any support measures for the transition.
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