MinexPay official statement about recent events with card manager company and bank partnership:

Dear community,

As you may now from our past posts and announcements, we have signed a contract with a card manager company as an intermediary for Chain2Pay (MinexSystems' subsidiary) to issue the first MinexPay cards in partnership with the bank.

According to the contract terms working card program (including the cards issued and sent to us) would have been launched not later than on the 24th of October to our costumers' pleasure.

As soon as this date have passed, the terms were not fulfilled and misunderstanding happened between the bank and us. We had to terminate the contract and suspend a relationship with the intermediary as suspicious. We want to abstain from comments regarding the third party's workflow, despite we fully understand it caused unpleasant consequences such as disinformation and certain accusations. Regarding the contract termination we will take down the bank mentions from our social media channels and blog as irrelevant (today EOD), the bank notified.

We hope that all the affected parties, especially the bank and our community, will take this information with understanding.

We want to point once again that in spite of difficulties we continue our work for MinexPay cards and, as MinexSystems CEO previously mentioned in our Telegram chats, successfully found new partners that value transparency and honesty to make it happen in the legal landscape for which we stand.

With regards,
MinexSystems