Montreal headquartered Shakepay has launched everyday payments for all customers – direct deposit, pay bills, e-transfer to friends and rewards for regular account activity – reflecting customer demand for an easy to use, affordable way to manage their money.
“At Shakepay, our foundational purpose is to give hard-working Canadians better, more affordable options because we believe fees for basic financial services shouldn’t exist – period,” said Jean Amiouny, CEO of Shakepay.
“Competition drives innovation. For our customers and the growing number of Canadians struggling to make ends meet, there is a place for secure, technology-based everyday payments that offer an exceptional customer experience without high fees that chip away at their savings.”
Among the new features is Shakepaid, a novel feature that allows Shakepay customers can get “shakepaid” and receive a little something extra with every incoming deposit, courtesy of Shakepay (minimum deposit is $100, max return is $1000 paid in bitcoin).
The new product suite also includes the Shakepay Visa prepaid card; one of Canada’s first bitcoin cashback cards that allows customers to earn up to 2% bitcoin cashback on all their purchases.
Founded in 2015, Shakepay has worked hard to position its flagship product, its Crypto Trading Platform, among the easiest ways to buy and sell bitcoin in Canada all while upholding the industry’s highest safety standards.
Today, Shakepay has over 1.3 million registered accounts and has taken a proactive approach to regulation, securing a licence as a Money Service Business with FINTRAC. Shakepay is also the first Quebec-based CTP to become registered with all provincial and territorial securities regulators as a Restricted Dealer.
“We began as a bitcoin exchange focused on bringing bitcoin to the hands of all Canadians. Today, we’re bitcoin’s promise of a fairer financial system to the world of traditional finance and integrating them into products Canadians can use for their everyday payment needs,” continued Amiouny.
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