Cuentas terminates processing pact with InComm; $475K debt waived

Cuentas Inc.

Termination of Processing Services Agreement dated July 23, 2019, effective August 8, 2024.
InComm waives $475,000 in unpaid Monthly Minimum Fees from December 2022 onward.
Remaining un-issued Prepaid Products will be destroyed; program jointly wound down with issuing bank.
Cuentas retains Digital Content and Distribution Agreements with InComm for transportation, bodega, and cellular markets.

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