Meta Shut Down the Full-Scale Launch Of Novi

Meta Corporation decided to stop the development of the Novi digital wallet and announced the closure of the project after the completion of the pilot testing, which is scheduled for September 1, 2022.

The ability to top up your Novi balance will be disabled on July 21st. And from September 1, the Novi application and the WhatsApp service of the same name will stop working. Therefore, the support service recommended that wallet owners withdraw their funds on their own.

But in the event that users have any funds left on their accounts at the time of closing Novi, the team will try to transfer them to the bank account or debit card specified during registration.

In addition to all of the above, users will also not be able to access the transaction history, so it is worth uploading it through the available option in the digital wallet menu.

According to CoinDesk, the corporation intends to use Novi-related developments in future projects, including initiatives focused on the metaverse.

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