Shake -- bitcoin debit card with 0fx fees, less fraud, and mobile tap & pay

[aiouy]

Hi everyone,

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

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:

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/

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.

Happy to answer any questions.

[SmartIphone]

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

[aiouy]

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/

[a7mos]

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

[SmartIphone]

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/

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)"

[TheGrimm_Collateral]

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

[aiouy]

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/

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.

[MarbleBoss]

Can it be used in ATM withdrawals?

[Smack That Ace]

Interested.

Are you guys looking for investment  ?
Partnerships, franchising.

Would like to hear more.

Regards

Duke

[Yemtrailzy]

When are u going to extend this service to Nigeria

[Henkkaa]

When are u going to extend this service to Nigeria

Probably when you Nigerians learn not to revive a year old threads..

[Bahenbit]

Shakepay - min deposit $20 

[sebr1ng]

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 

[camerxn]

First contactless crypto card I've seen! Wirex are bringing one out soon though, so are TenX.

[Svelto]

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 

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/

[TryNinja]

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  

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

[sebr1ng]

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.

[Addisonbt]

Shake card 

min deposit $20, + fee bitpay network 0.000685 BTC

All bad.

[eth888]

Can this card authorise pre-payment request by PayPal, as some case like settling payment for facebook advertising?

[Jafri101]

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.