Yesterday, on March 12, 2025, Chocolate Finance resumed its card transaction services, albeit with a temporary limit of S$250 per transaction. In addition to AXS transactions, which were halted last week, e-wallet top-ups are now also off the table.
Interestingly, by Thursday evening, March 13, 2025, users started reporting successful withdrawals, which has been a relief for many.
During the pause in Chocolate Finance’s Liquidity Programme over the past few days, there were disruptions in Chocolate Card transactions. Fortunately, these transactions have now resumed, though with a cap of S$250 per transaction.
Just to test the waters, I attempted two separate transactions under S$250 using the same card, and both were processed smoothly without any issues.
However, it’s important to note that e-wallet top-ups or any transactions involving the 6540 Merchant Category Code (MCC) are still not feasible. These, alongside AXS transactions, remain blocked for now. Previously, Chocolate Finance allowed users to withdraw their funds through certain e-wallet applications, but that option is currently unavailable.
