.COTInetwork community expresses frustration ahead of debit card deactivation day
that its co-branded debit card deal with Nuvei, the firm that acquired Simplex, will be terminated in a month's time. As the firm revealed, co-branded cards from Nuvei will be deactivated as early as Aug. 5.
1/2 COTI Debit Card Update: Nuvei, the company that acquired Simplex, have announced they are terminating their Co-branded Debit card programs by August 5, 2023.While it confirmed it is working on a number of alternatives, COTI has advised its users to move their funds before the deactivation occurs. Notably, COTI was silent on the reasons behind the termination of the deal, but its openness at this early stage will grant its users the needed time to adjust to the forthcoming changes.
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