Risevest Shuts Down Virtual Cards Due to Fluctuating Exchange Rates

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Investing platform Risevest has announced the closure of its virtual card service, effective September 30th.

In an email to users, Risevest cited challenges with card providers, fluctuating exchange rates, and delays in issue resolution as the reasons for the shutdown. Users were informed that any remaining funds on the cards will be automatically transferred to their Rise wallet once the service ends.

 

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