With the Shakepay Card launch drawing closer, it’s time for an updated Terms of Use which will take effect on October 1st, 2021. We’ve also updated a few other sections of our Terms of Use that are not related to the Shakepay Card

Here’s a breakdown of some of the important updates:

1. Shakepay Card
We’ve added a new section to cover your usage of the Shakepay Card. This section includes your obligations, and other info related to the Shakepay Card. Please note, the Shakepay Card has not launched yet but we are excited to roll it out in the coming months.

2. Your Obligations
We’ve added some basic obligations, including being respectful to our customer support team and to other Shakepay customers.

3. Risks you assume
We’ve clarified that blockchain transactions are final and irreversible and you should do your due diligence before sending digital currency out of your account.

4. Limitation of liability and Indemnity
We wanted to clarify, to your benefit, the limitation of our liability, so that your funds are more protected, and we also wanted to have a more detailed indemnity clause.

We recommend that you read our updated Terms of Use. By continuing to use Shakepay after  October 1st, 2021 you accept the new Terms of Use. There is no action needed from you, but if you have any questions about the update, please reach out to customer support!