Shakepay, a leading Canadian bitcoin technology company enabling customers to easily buy and earn bitcoin through financial applications, announces the availability of its Shakepay Visa* Prepaid Card to the public after a successful invite-only launch to its devoted community of Shakers in December 2021.
“Overall, the Card was well received by the community and the launch led to over 70,000 card signups.”
The Bitcoin Rewards Card
Shakepay Cardholders will earn up to 2% in bitcoin cashback on their first $5,000 spent, settled directly to the bitcoin balance of their Shakepay account. Cardholders will then earn 1% bitcoin cashback on every purchase beyond their first $5,000.
Latest Fintech News: Unifimoney Brings Digital Wealth Management to Jack Henry’s Banno Digital Platform
“After a tremendous year for Bitcoin and Shakepay, we’re excited to make the Shakepay Card more widely available,” said Jean Amiouny, Co-founder and CEO of Shakepay. “The exclusive invite-only launch to our community was a huge success, and we couldn’t be more excited to open access to the general public. We know our customers value bitcoin rewards, and we’re looking forward to offering Shakers more ways to earn bitcoin.”
During the 2021 holiday period, Shakepay ran several special promotions as part of its invite-only launch. Every Shakepay Cardholder has the chance to be “#shakepaid.” Each time a customer uses their Shakepay Card, there’s a chance to have the purchase entirely reimbursed by Shakepay in bitcoin. The promo was launched unannounced to the delight of customers who continue to share their surprise on Twitter with #shakepaid. In addition, Shakepay pledged to donate $0.10 to the Children’s Aid Foundation of Canada for every Shakepay Card transaction, up to $100,000.
Latest Fintech News: Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments
“We think Bitcoin is a force for good in the world and we are doing our part to bring about the change”, explained Amiouny. “Overall, the Card was well received by the community and the launch led to over 70,000 card signups.”
How the Shakepay Card Works
The Shakepay Card is a prepaid card in Canada that offers bitcoin rewards when spending a Canadian dollar balance with Visa-accepting merchants. All bitcoin cashback rewards are settled to the Cardholder’s Shakepay bitcoin balance.
Latest Fintech News: MOCA Financial Partners with Vertifi to Offer Remote Deposit Capture Services
[To share your insights with us, please write to sghosh@martechseries.com]
