Infini, China’s most widely used crypto card payment service, has announced it will cease all card operations starting June 17.
According to a notice shared via X, the shutdown will affect all card-based products, including the Global Card, Lite Card, and Tech Card. These services will no longer function for either offline transactions or within the Infini digital app. The company cited a strategic pivot toward financial management as the primary reason behind the move.
IMG TXT: Infini & Card Service Termination. Source: Infini
In an official message, Infini stated, “We have decided to suspend our card services. Effective immediately, all card functions will be suspended for both usage and new applications. We sincerely apologize for any inconvenience this may cause.” The announcement marks a significant transition for the company, which has gained prominence for bridging crypto assets with everyday spending.
Although Infini has not disclosed the specific motivations behind the decision, the company emphasized that its future roadmap centers on developing financial management capabilities. This suggests a longer-term shift away from payments toward more comprehensive financial services in the crypto space.
Despite the card suspension, Infini reassured its users that core services will continue without interruption. Key functions within the app, including crypto top-ups, withdrawals, and yield-generating features, will remain fully operational, allowing users to continue accessing the platform’s main offerings.
To address customer concerns, Infini confirmed that all card application fees will be refunded automatically. Users are not required to take any action, as refunds will be processed within 10 business days and credited directly to their Infini account balances. The company added that any ongoing billing charges will also be reimbursed within 5 to 21 business days.
This development comes as China intensifies its efforts to reduce reliance on the US dollar. Leveraging its leadership role within the Shanghai Cooperation Organization (SCO), the country is pushing for alternative financial systems and regional currency adoption—an environment in which platforms like Infini may find new relevance through non-traditional financial tools.
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