The vast majority of customer digital assets are held offline on air-gapped, multi-sig, cold storage wallets. A small amount is kept in a hot wallet to serve the liquidity needed for everyday transactions.
While we must store some of your profile information, like your name and date of birth, we take the honour bestowed upon us very seriously.
All personal data is transmitted through SSL-encrypted tunnels to our servers and then stored with AES-256 encryption in our database. This means if our databases were to be breached, all profile information collected would be gibberish and completely unreadable.
We are compliant with Canada’s Personal Information Protection and Electronic Documents Act (“PIPEDA”, S.C. 2000, c. 5) and Quebec’s An Act Respecting the Protection Of Personal Information in the Private Sector (R.S.Q. c. P-39.1).
Shakepay Inc. is licensed to operate as a money service business in all Canadian provinces and territories.
- FINTRAC license: M17065696
- AMF license: 904007