The present invention provides a secure shoe, comprising a shoe casing and a payment slot in communication with the shoe casing for receiving funds. The secure shoe of the present invention may comprise a chamber disposed within the shoe casing, a removable sole in communication with the shoe casing and various locking components. The secure shoe may further comprise an indicator light and an electronic card reader in communication with the payment slot. A method of using the shoe for secure payment wherein a payment card is swiped through the payment slot of the shoe is also provided.