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Stratos is going out of business

The all-in-one credit card company was only around for six months.

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According to TechCrunch, the Stratos Card company is going out of business barely half a year after launching the product. The Stratos, which was meant to replace a customer's various debit, credit and loyalty cards, promised to be "100 percent compatible" with US payment systems and point of sale machines. Over the past few weeks, the company reportedly stopped replying to social media and customer service requests. What's more, they've also placed their Ann Arbor-based HQ up for sale.

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