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Bitcoin => Project Development => Topic started by: aiouy on March 24, 2016, 07:46:31 PM



Title: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: aiouy on March 24, 2016, 07:46:31 PM
Hi everyone,

We'd like to share a project we've been working on:

https://shakepay.co (https://shakepay.co)

A bitcoin debit card that is available in upwards of 80 currencies (so you're never paying fx fees), can be issued into multiple card numbers, and can be used in contactless tap & pay terminals.

Here's a bit from a recent blog post:

Quote
Funds always in the possession of the consumer

What if you could hold possession of all of your assets until the moment of transaction?

Following the decentralized, trustless nature of bitcoin and digital currencies, we're building a product that keeps your funds with you at all times. Only at the moment of transaction will you sign over your funds using a multi-signature wallet.

Ability to spend anywhere

Zero foreign transaction fees. Your card becomes a multi-currency card allowing you to spend like a local in more than 80 currencies. At the moment of transaction, Shake quickly calculates the realtime exchange rate using Bitpay's Bitcoin Best Bid Rate and charges 0% on the exchange.

Mobile tap & pay. Your phone becomes your wallet with mobile tap & pay. All contactless-enabled terminals around the world will now accept your phone as a method of payment.

Plastic cards. For those moments where tap & pay is not available, a plastic EMV card can be used as an alternative to swipe or chip-in.

Virtual cards. All cards can be used for online payments.

Safety and protection

Issue multiple cards. You can issue a card number for every merchant. One for Netflix, one for Amazon, and one for your day-to-day expenses. If a merchant gets hacked, you can easily issue a new card, transfer your funds over and voila! You're safe from fraudulent charges. Use them like throwaway cards.

Set rules on a card. Now that you have cards for different purposes, you can set rules for authorizing transactions. For example, a mobile provider card can only be used for $37.99 on the 7th of the month and a grocery card can have a limit of $100 per week.

http://blog.shakepay.co/2016/bonjour-world/ (http://blog.shakepay.co/2016/bonjour-world/)

Today we're launching Shake Alpha, an early version of Shake, that allows you to tap & pay at contactless terminals with a USD or EUR card. It comes in two flavours:

- A mobile app that allows you to tap & pay at contactless terminals

https://i.imgur.com/lYFh4zK.gif

- A web app that displays your virtual card to pay online

https://i.imgur.com/5j6JJu7.gif

We're sending out a bunch of invites today so add your email to https://shakepay.co (https://shakepay.co).

Happy to answer any questions.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: SmartIphone on March 24, 2016, 08:02:56 PM
Let's hope for the best, subscribed on your website: "You're in line for early access!", so there is no hidded fee?


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: aiouy on March 24, 2016, 08:53:37 PM
Let's hope for the best, subscribed on your website: "You're in line for early access!", so there is no hidded fee?

We charge 1% on the bitcoin -> fiat exchange using BitPay's BBB rate. There's a bit more info in this blog post: http://blog.shakepay.co/2016/introducing-shake-alpha/ (http://blog.shakepay.co/2016/introducing-shake-alpha/)


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: a7mos on March 24, 2016, 08:58:31 PM
could you tell me please what 80 currencies do you have and what countries do you support ? because I surfed you sites looking for info but I did not find


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: SmartIphone on March 24, 2016, 09:01:35 PM
Let's hope for the best, subscribed on your website: "You're in line for early access!", so there is no hidded fee?

We charge 1% on the bitcoin -> fiat exchange using BitPay's BBB rate. There's a bit more info in this blog post: http://blog.shakepay.co/2016/introducing-shake-alpha/ (http://blog.shakepay.co/2016/introducing-shake-alpha/)

Thanks for providing this info, I just got an e-mail from shakepay and the fees are states as below:
"Fees during the alpha
1% when funding your card with bitcoin
3% if your card is used in a foreign transaction (i.e. USD card charged in a EUR transaction)"


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: TheGrimm_Collateral on March 24, 2016, 10:02:29 PM
Is this a visa/master card? or just a bitcoin card? *edit* says visa :-)
Will USA citizens be allowed to get the card?


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: aiouy on March 24, 2016, 10:16:54 PM
could you tell me please what 80 currencies do you have and what countries do you support ? because I surfed you sites looking for info but I did not find

During the alpha we're only issuing in USD and EUR.

Here's the list of currencies we're planning on making available:

AED, ALL, ARS, AUD, AWG, AZN, BBD, BGN, BND, BOB, BRL, BWP, BYR, BZD, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, DOP, EGP, EUR, GBP, HKD, HNL, HRK, HUF, IDR, ILS, INR, ISK, JMD, JPY, KHR, KRW, LAK, LKR, MAD, MGA, MKD, MNT, MUR, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, SAR, SBD, SCR, SEK, SGD, SOS, SRD, SVC, SYP, THB, TRY, TTD, TVD, TWD, UAH, USD, UYU, UZS, VEF, VND, XCD, and ZAR.

Let's hope for the best, subscribed on your website: "You're in line for early access!", so there is no hidded fee?

We charge 1% on the bitcoin -> fiat exchange using BitPay's BBB rate. There's a bit more info in this blog post: http://blog.shakepay.co/2016/introducing-shake-alpha/ (http://blog.shakepay.co/2016/introducing-shake-alpha/)

Thanks for providing this info, I just got an e-mail from shakepay and the fees are states as below:
"Fees during the alpha
1% when funding your card with bitcoin
3% if your card is used in a foreign transaction (i.e. USD card charged in a EUR transaction)"

Correct. The card is also free on signup and there are no monthly fees.

Is this a visa/master card? or just a bitcoin card? *edit* says visa :-)
Will USA citizens be allowed to get the card?

It's a VISA debit card :) And for the moment we cannot onboard anyone with a US address. We're workin' on it.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: MarbleBoss on March 25, 2016, 10:50:22 AM
Can it be used in ATM withdrawals?


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Smack That Ace on March 25, 2016, 12:11:21 PM
Interested.

Are you guys looking for investment  ?
Partnerships, franchising.

Would like to hear more.

Regards

Duke


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Yemtrailzy on June 22, 2017, 12:59:37 PM
When are u going to extend this service to Nigeria


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Henkkaa on June 22, 2017, 06:32:07 PM
When are u going to extend this service to Nigeria
Probably when you Nigerians learn not to revive a year old threads..


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Bahenbit on July 27, 2017, 02:46:34 PM
Shakepay - min deposit $20  >:(


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: sebr1ng on September 12, 2017, 11:16:20 AM
Sorry to bump again, but are there any new developments on this project? How is it better than TenX or Monaco? I'm currently in the process of selecting a Bitcoin card - so convince me  ;D


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: camerxn on September 12, 2017, 03:45:04 PM
First contactless crypto card I've seen! Wirex are bringing one out soon though, so are TenX.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Svelto on September 12, 2017, 05:11:01 PM
Sorry to bump again, but are there any new developments on this project? How is it better than TenX or Monaco? I'm currently in the process of selecting a Bitcoin card - so convince me  ;D

I am interested in getting a crypto card as well but seems like it can only onboard users from the list of countries.

http://blog.shakepay.co/2017/updated-list-of-countries/


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: TryNinja on September 12, 2017, 05:42:38 PM
Sorry to bump again, but are there any new developments on this project? How is it better than TenX or Monaco? I'm currently in the process of selecting a Bitcoin card - so convince me  ;D
P.s: Shakepay cards are issued by Wavecrest, which means that you won't be able to have a card anymore if you don't live in the Europe. TenX is using a different issuer, and they said in a recent video that they will be able to provide cards for countries outside the Europe.

I have a VCC with Shakepay and already emptied all my balance because of that.

Shakepay stopping services for non-EU residents:
https://www.cryptoninjas.net/2017/08/28/bitcoin-debit-card-shakepay-must-stop-service-non-eu-residents/

TenX video: https://www.youtube.com/watch?v=J8gNu69AXo0


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: sebr1ng on September 13, 2017, 09:19:57 AM
Thanks for reply - I do live in Europe, but at the moment I'm leaning towards Tenx, so I think I'll get their card.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Addisonbt on September 17, 2017, 03:45:04 AM
Shake card  :-\ :-\ :-\

min deposit $20, + fee bitpay network 0.000685 BTC

All bad.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: eth888 on September 18, 2017, 04:22:28 AM
Can this card authorise pre-payment request by PayPal, as some case like settling payment for facebook advertising?


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Jafri101 on September 19, 2017, 09:01:56 AM
Shake Atm/Debit card can not be accessible in many countries. I tried to contact them and ask if their availabilty in my country but they just turned a deaf ear. First of all it got crypto card fee plus on every transaction you have to pay fees.. Not positive from my opinion.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: btcdepo on September 19, 2017, 09:05:57 AM
Sorry to bump again, but are there any new developments on this project? How is it better than TenX or Monaco? I'm currently in the process of selecting a Bitcoin card - so convince me  ;D

I am interested in getting a crypto card as well but seems like it can only onboard users from the list of countries.

http://blog.shakepay.co/2017/updated-list-of-countries/

This is really good news. They are issuing also to Turkey which is very unexpected. Generally it would be banned first for us. Would really love to get one.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: acidas on November 28, 2017, 08:19:04 AM
Looks like scam to me. Sent ETH a week ago and it's still "pending". Support doesn't reply anything, so I'm pretty sure I'm scammed.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: .nuke on November 28, 2017, 02:34:54 PM
Looks like scam to me. Sent ETH a week ago and it's still "pending". Support doesn't reply anything, so I'm pretty sure I'm scammed.

Thanks bro, while not being their client asked a question to clarify some service conditions to support few months ago and still didn't get reply, now I'm sure not to signup for this.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: itwarehouse04 on December 04, 2017, 06:51:21 PM
This website is a scam ! Stay away !
I've deposited $95 on the website and the first problem was that they didn't provide me the virtual card instant due to an issue. After 2 days the card was activated and tried to pay online. The card was declined, I've tried 6 times, every time declined! I've contacted the support and they pretend everything should be ok, I've tried on 2 different merchants and declined. I've contacted again the support to refund all my money and from 4 days, they don't answer to my problem anymore ! BEWARE OF THIS SCAM ! There are a lot of other similar services better x10 times.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: BlackHatLinux on December 24, 2017, 10:46:34 PM
They are scammmers sent Ethereum deposit over a week ago and still pending saying their card issuer delays it but they exchange out all the money using changelly as soon as they got it, very dissapointed with their behaviour and still I have no Ethereum or no money in the account.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Bleachy on December 27, 2017, 06:42:59 PM
Shakepay - min deposit $20  >:(

It's now $40 for Litecoin.

I've made a deposit a few days ago and they won't credit my account, they are also ignoring my support requests.

A search on Twitter shows lots of others with same problem.

Avoid ShakePay - They are scamming deposits like AdvCash.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: TheBTCpost on December 27, 2017, 08:20:52 PM
Let's hope for the best, subscribed on your website: "You're in line for early access!", so there is no hidded fee?

We charge 1% on the bitcoin -> fiat exchange using BitPay's BBB rate. There's a bit more info in this blog post: http://blog.shakepay.co/2016/introducing-shake-alpha/ (http://blog.shakepay.co/2016/introducing-shake-alpha/)

Thanks for providing this info, I just got an e-mail from shakepay and the fees are states as below:
"Fees during the alpha
1% when funding your card with bitcoin
3% if your card is used in a foreign transaction (i.e. USD card charged in a EUR transaction)"

So not much different from BitPay with the exception of the added 1%?
To avoid the 3 % charge you would need to make multiple cards.

Unless you can beat BitPay what’s the upside? I have used 3 different services

Wirex and cryptopay don’t work and BitPay works everywhere I go. Uk. U.S.A. egypt And Amsterdam so it’s great

Fees also same I think without the 1% charge to top up


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: Bleachy on January 01, 2018, 01:38:57 PM
Just an update that I still DO NOT have my deposit.

They are ignoring my support tickets.

They are taking deposits and keeping the money themselves.

There are others the same.

Be warned of the Shake scammers.


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: bratko99 on January 01, 2018, 01:59:44 PM
This is a wave crest correct?
So, not available outside EU?


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: TryNinja on January 01, 2018, 04:31:37 PM
This is a wave crest correct?
So, not available outside EU?
That's correct.

Quote
any new sign ups to Shakepay will require to have an address of residence within this list of European countries (https://help.shakepay.co/visa-debit-card/what-countries-can-shakepay-issue-to).
[1] http://blog.shakepay.co/2017/updated-list-of-countries/


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: xindoa on January 02, 2018, 08:04:07 AM

[/quote]

Thanks for providing this info, I just got an e-mail from shakepay and the fees are states as below:
"Fees during the alpha
1% when funding your card with bitcoin
3% if your card is used in a foreign transaction (i.e. USD card charged in a EUR transaction)"
[/quote]

i think this is a big fee. 1% for every transaction you do with a card and 3% if it is in a different currency. my bank is taking less. whats the difference between this card and say tenX


Title: Re: Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay
Post by: TryNinja on January 02, 2018, 05:25:10 PM
i think this is a big fee. 1% for every transaction you do with a card and 3% if it is in a different currency. my bank is taking less. whats the difference between this card and say tenX
TenX is also not available for users outside the EU. However, they have lower fees (0% Foreign Exchange Fee), a better support, and they only support BTC but are currently beta testing ETH, ERC20 tokens and DASH.