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Shakepay Card

Updated: Sep 15, 2026

The Shakepay Card is a Visa prepaid card offered by Shakepay in Canada to individual users, issued by Peoples Trust Company. Users make purchases using the Canadian dollar balance in their Shakepay account. The product is based on a virtual card, with physical cards entering phased distribution in 2026. Users can sell or convert crypto assets in their account to Canadian dollars for card payments and earn Bitcoin cashback based on their Shakepay Rewards tier. The card does not provide a credit line; the actual spendable amount depends on the available Canadian dollar balance in the account.
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Card network
Product type
Crypto prepaid card
Card form
Virtual + physical card
Operating status
Active
KYC level
Full KYC
Commercial relationship
No commercial relationship
Risk score
80-89
Supported assets
USDTUSDCBTCETHDAI
Last updated
Sep 15, 2026

Official and company information

Issuer identity and company credentials

Founded in 2015, Shakepay is a leading and deeply regulated crypto asset trading platform and licensed investment dealer (CIRO member) in Canada. The platform primarily serves Canadian residents, offering minimalist, high-liquidity buying, selling, and custody services for Bitcoin (BTC), Ethereum (ETH), and the stablecoin USDC. In addition, Shakepay, through its payment subsidiary, has launched the Shakepay Visa prepaid card, which is notable in the market and allows users to earn BTC cashback directly from everyday Canadian dollar (CAD) spending.
Company / issuer
Shakepay
Legal name
Shakepay Inc.
Registered region
Canada (CA)
Headquarters
Montreal, Quebec, Canada
Company type
Crypto exchange
Verification status
Verified
Issuer website
Official link
Application page
Application link

Card overview

The Shakepay Card connects to the user's Shakepay Canadian dollar balance. Users can fund it via Interac e-Transfer, bank transfer, or by selling supported assets such as BTC and ETH and then using the resulting Canadian dollars for payments. The card is issued by Peoples Trust Company under a Visa license, with Shakepay handling distribution, balance display, and some card management. After completing full identity verification and the card eligibility questionnaire, users can obtain a virtual card. The physical card has entered the official issuance phase and is currently being rolled out in batches based on the previous waitlist ranking. The virtual card supports online and in-store payments via card number, Apple Pay, or Google Pay, while the physical card further provides PIN and ATM capabilities. The card supports general Visa spending and recurring subscriptions of non-PAD types, but transaction categories such as gambling, quasi-cash, and money transfer are restricted.
Visa card experienceRegional availabilityTerms may change
Notice: No additional notice is available.

Usage scale & trends

Usage data is not available for this card yet. It will appear here when available.

Card variants and fee differences

Compare verified fee records across card forms and tiers

Virtual Shakepay Visa Prepaid Card
Card formVirtual + physical card
Fees
Monthly fee
Free
No monthly account fee
Card issuance fee
Free
Card obtained for free
ATM fee
Free
The ATM operator may charge an additional fee
Foreign exchange fee
3%
Priced by reward tier: Base 3%, Bright 1.5%, Blue 0%
Top-up fee
Free
No fixed fee for platform top-ups
Failed transaction fee—
Rewards
Cashback—
Crypto cashback
1%
BTC rewards by reward tier, cashback 1%–1.5%
Staking rewards—
Staking APR—
Welcome bonus—
Referral bonus
20 CAD
Buy 100 CAD or more of BTC or ETH
Limits
Daily spending limit
5,000 CAD
Daily card spending limit
Monthly spending limit
50,000 CAD
Monthly card spending limit
ATM withdrawal limit
500 CAD
Withdrawal only, 500 CAD per transaction, 1000 CAD per day
Card network

Fees may vary by region, card tier, and official policy. Verify the latest official terms.

Regions and language support

Application status based on public sources, official policy, and user reports. This is not application advice.

Available regions

Applications or normal card activation are supported

1
CanadaCA
Evidence
Officially supported

Unsupported or restricted regions

Applications or features are unavailable or restricted

195
Sri LankaLKSurinameSRBoliviaBOYemenYEZambiaZMMexicoMXBruneiBNMoldovaMDTürkiyeTRCongo - KinshasaCDCape VerdeCVPalauPWDominicaDMIrelandIECongo - BrazzavilleCGCyprusCYUgandaUGKyrgyzstanKGAzerbaijanAZIsraelILHungaryHUNetherlandsNLMacaoMONicaraguaNINorwayNOFijiFJGuatemalaGTBotswanaBWTongaTOJordanJOSlovakiaSKBosnia & HerzegovinaBAEritreaERIraqIQRwandaRWJamaicaJMKiribatiKISwedenSERussiaRUEthiopiaETColombiaCOHaitiHTAlgeriaDZLithuaniaLTLatviaLVBurkina FasoBFMoroccoMAVanuatuVUGuinea-BissauGWNigerNEParaguayPYAntigua & BarbudaAGNorth KoreaKPSerbiaRSLiechtensteinLINew ZealandNZGabonGAMadagascarMGGeorgiaGEBangladeshBDSierra LeoneSLSudanSDPeruPEItalyITSt. Vincent & GrenadinesVCLuxembourgLUKuwaitKWJapanJPFinlandFIAfghanistanAFSt. Kitts & NevisKNIranIRGuineaGNBahamasBSUkraineUABurundiBIAndorraADBelgiumBEOmanOMTuvaluTVUnited Arab EmiratesAEPanamaPACôte d’IvoireCIBahrainBHIcelandISLaosLAChinaCNArmeniaAMMaldivesMVTaiwanTWSwitzerlandCHBelizeBZAngolaAOMalawiMWCentral African RepublicCFSouth KoreaKRBrazilBRNigeriaNGDjiboutiDJTogoTGGermanyDEMaliMLLesothoLSBulgariaBGGuyanaGYDominican RepublicDOTajikistanTJEstoniaEEBarbadosBBEcuadorECEswatiniSZCubaCUTunisiaTNSão Tomé & PríncipeSTSingaporeSGCosta RicaCRMozambiqueMZEl SalvadorSVPolandPLAustriaATSloveniaSIGreeceGRKazakhstanKZSouth AfricaZATurkmenistanTMAlbaniaALEgyptEGZimbabweZWBelarusBYIndiaINNepalNPBhutanBTKenyaKEMongoliaMNNorth MacedoniaMKSpainESBeninBJMalaysiaMYVietnamVNMaltaMTChadTDGhanaGHNamibiaNAChileCLMauritaniaMRDenmarkDKTrinidad & TobagoTTMontenegroMECzechiaCZUnited KingdomGBGrenadaGDSyriaSYSan MarinoSMSolomon IslandsSBPortugalPTMauritiusMUSt. LuciaLCTimor-LesteTLComorosKMMyanmar (Burma)MMAustraliaAUVatican CityVAMarshall IslandsMHTanzaniaTZSeychellesSCLiberiaLRCameroonCMPakistanPKNauruNRPhilippinesPHRomaniaROMonacoMCUnited StatesUSHondurasHNSouth SudanSSQatarQAIndonesiaIDEquatorial GuineaGQSomaliaSOLebanonLBUzbekistanUZLibyaLYFranceFRArgentinaARVenezuelaVESaudi ArabiaSACambodiaKHSenegalSNThailandTHCroatiaHRSamoaWSPapua New GuineaPGHong KongHKUruguayUYGambiaGM
Evidence
Officially restricted

Unconfirmed regions

Evidence is insufficient

0

No records

Evidence
Public sources

Availability in English-Speaking Markets

1. United States:Cannot apply,Can use,Shakepay Card is issued only to fully verified Canadian residents who are tax residents of Canada only, but an eligible Canadian cardholder can use the card in the United States.

2. United Kingdom:Cannot apply,Can use,UK residents cannot obtain the card because issuance is restricted to Canadian residents with Canadian-only tax residency, while an existing card can be used in the UK.

3. Canada:Can apply,Can use,Canadian residents can obtain the card after fully verifying their Shakepay account, provided they are tax residents of Canada only.

4. Australia:Cannot apply,Can use,Australian residents are outside Shakepay’s Canada-only issuance program, but a card issued to an eligible Canadian resident can be used in Australia.

5. South Africa:Cannot apply,Can use,South African residents cannot apply because Shakepay Card issuance is limited to Canadian residents, while an eligible existing card can be used locally.

6. New Zealand:Cannot apply,Can use,New Zealand residents do not meet Shakepay’s Canadian residency requirement for issuance, but a card issued to an eligible Canadian resident can be used in New Zealand.

7. Ireland:Cannot apply,Can use,Irish residents cannot obtain the card because applicants must be Canadian residents and tax residents of Canada only, while an existing eligible card can be used in Ireland.

Updated: Sep 15, 2026

Policies may change at any time. Verify the latest issuer policy.

KYC requirements

Current identity-verification requirements and restrictions

KYC required

YesRequired

KYC level

Full KYCRequirement confirmed

Proof of address

NoNot required

Accepted documents

Valid passport / Canadian photo driver's license / Canadian provincial ID / Canadian permanent resident card / Foreign driver's license / Qualifying Canadian provincial ID

Review time / regional limits

Automated review can be completed in minutes; manual review takes up to about four days.

KYC provider

Not disclosed

Updated

Aug 8, 2026

Payment compatibility

Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy

Compatibility overview12 scenarios
Supported11
Not supported1
UpdatedAug 8, 2026

Wallet payments

Alipay

Supported

Aug 8, 2026

Wallet payments

Apple Pay

Supported

Aug 8, 2026

Cash services

ATM withdrawal

Supported

Aug 8, 2026

AI tools

ChatGPT

Supported

Aug 8, 2026

AI tools

Claude

Not supported

Aug 8, 2026

Wallet payments

Google Pay

Supported

Aug 8, 2026

AI tools

Midjourney

Supported

Aug 8, 2026

In-person payments

Offline POS

Supported

Aug 8, 2026

Online shopping

Online shopping

Supported

Aug 8, 2026

Wallet payments

PayPal

Supported

Aug 8, 2026

Subscriptions

Subscription payment

Supported

Aug 8, 2026

Wallet payments

WeChat Pay

Supported

Aug 8, 2026

Review

Read the editorial review, its verdict and latest update.

No review yet

No review has been published for this card. Published reviews appear here.

User reviews

Showing 10 approved reviews matched to this card

Newest first
Jeff Pearcegoogle_play★ 5 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 5 star

love opening the app and watching my money grow. Best choice I made was switching all my financial banking to shakepay
View original
King Deedeegoogle_play★ 5 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 5 star

been using shake pay for years. and now it's a part of my daily life.. never had no issues
View original
John Martingoogle_play★ 1 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 1 star

do not use . .. they will restrict your account keep any cash in it and bam you without reason. monitor, surveillance if they don't like a store or business they deem not to there standards ban you. big brother steps in obviously socialist liberal slant. childish shake your phone silly junk as well. seriously most of the Canadian crypto companies are a pathetic surveillance machine. look up anonymous ways to do business and keep your privacy. no one should be allowed to monitor and be a judge...
View original
Karlgoogle_play★ 1 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 1 star

sign into the app, goto make a transaction the kick me off and refuse to send me a reset email, been waiting 10 mins ffs
View original
Daniel Shakhmundesgoogle_play★ 5 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 5 star

Shakepay is a Canadian pioneer in Bitcoin and cryptocurrency. This is the one by which you should measure others.
View original
Clay Coroon (Mr Magnet)google_play★ 1 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 1 star

Account closed permanently, no reason given, user since 2023. I would just buy and then send to a private wallet address. I guess that's a problem for them now.
View original
jefte hernandezgoogle_play★ 1 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 1 star

Stay Away! there are much better Bitcoin Wallets. they are slowly starting to behave like banks. they hide everything in the fine print that is not easily accessible to read. Customer service is lacking bigtime, especially "Kyle" who is very condescending. not sure why he's in customer service. the guy is always quoting the fine print but doesn't provide the links to read it myself. he seemed very annoyed that I used the help feature. got better service from the bot. ask for another agent.
View original
M Cgoogle_play★ 5 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 5 star

I have been using ShakePay since 2022 and I love how they reward their users! I just recently received my physical card in the mail, (with my name and @shaketag embossed) and I love it! So many ways to use the app is one of my favorite aspects, but it just works so well and I almost have never had any technical issues. Over the years, the devs have created some fun and engaging ways to reward users through their daily use of the app. KEEP UP THE GREAT WORK AND KEEP BUILDING! 21÷♾️
View original
Frederic P.google_play★ 5 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 5 star

Very impressed with their ecosystem. They try very hard to be the best and frankly ARE the best in Canada. Constantly innovating. Customer support is great too.
Official reply
Thank you very much for your feedback!!
View original
Shawn Sarazingoogle_play★ 5 / 5

Shakepay: Buy Bitcoin Canada Google Play review - 5 star

great platform
View original

Risk factors

Updated: Aug 8, 2026

No risk factors are available

Frequently asked questions

Answers drawn from the published record on this page.

Does Shakepay Card require KYC?

Our record lists the Shakepay Card verification requirement as: Full KYC. Document and review details are in the KYC section of this page.

Does Shakepay Card support Apple Pay and Google Pay?

Apple Pay: Supported. Google Pay: Supported.

Which assets can I top up Shakepay Card with?

Our record lists Shakepay Card support for: USDT, USDC, BTC, ETH, and DAI.

Is Shakepay Card a virtual or a physical card?

Shakepay Card is offered as: Virtual + physical card.

Where is Shakepay Card available?

Our record lists 1 countries or regions as available and 195 as restricted. Country-by-country status is in the regions section of this page.

Who issues Shakepay Card?

Shakepay Card is operated by Shakepay on the Visa network.