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February 27, 2018

Shakepay unveils beta version of cryptocurrency mobile wallet

Shakepay, a Canadian fintech firm founded in 2015, has announced the beta launch of a peer-to-peer mobile wallet that supports sale and purchase of various types of cryptocurrencies including Bitcoin.

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The wallet also allows users to send as well as request Canadian Dollars and Bitcoin to and from other users of Shakepay.

Users can fund the wallet through Interac e-transfers, and can also cash out their Canadian Dollar balances to their bank accounts in Canada.

The company charges 1.75% as fee apart from BTC-to-CAD and CAD-to-BTC market rates, though the process of sending and receiving Canadian Dollars and Bitcoin to and from other Shakepay users is done free of cost.

Shakepay co-founder and CEO Jean Amiouny said: “We’re seeing a huge rate of adoption in the cryptocurrency space and we’re excited to launch the new Shakepay product to the Canadian market, one that is severely underserved. Shakepay is the fastest way for Canadians to buy and sell digital currencies directly from their mobile phones.”

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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