Monzo: Follow gambling block with merchant version

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Monzo: Follow gambling block with merchant version

Monzo: Follow gambling block with merchant version

  • Tom Blomfield tells Wired that about 140,000 of the fintech’s two million customers have used the gambling block
  • Which prevents card spending at bookmakers and online casinos
  • When the block can lifted by contacting customer services, process takes 24 hours
  • Now Blomfield says Monzo is beta-testing a similar merchant block, which would remove temptation at favourite stores
  • Blomfield says that he wants Monzo to always maintain its ethical values despite any investor pressure