Company Information

Get to know shift payments

Founded in San Francisco, California, Shift Payments, Inc. aimed to bridge the gap between digital currencies and traditional finance. Their flagship product was the "Shift Card," a VISA debit card that connected to a user's Coinbase account. This allowed cardholders to spend various cryptocurrencies like Bitcoin, Litecoin, and Ethereum at any merchant that accepted VISA. The card worked by instantly converting the required amount of cryptocurrency to US Dollars at the point of sale. The service was a collaboration between Shift, Coinbase, and Metropolitan Commercial Bank. However, the program was terminated, and all Shift Cards were officially deactivated in April 2019.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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shift payments

United States

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.