Peer-to-peer payments technology firm Circle is closing its payment app Circle Pay in order to develop new crypto financial services, according to an announcement published on June 13.
Per the blog post, Circle will start terminating the operation of Circle Pay, a fiat money sending service with a social messaging component, from July 8, 2019, and will fully close support for the app on Sep. 30. Specifically, on July 8 the app’s users will no longer be able to add or send money to anyone through their Circle Pay account.
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