Mastercard, Bitget Wallet, and Immersve have partnered to launch a zero-fee crypto card, enabling users to spend their cryptocurrency at over 150 million merchants worldwide.
Key Features
- Real-Time Funding: Supports on-chain swaps and deposits via the Bitget Wallet app (80+ million users globally).
- Optional Incentives: Includes transaction-based rewards, yield on idle balances, and bonuses for identity verification.
- Instant Digital Access: Leverages Mastercard Digital First technology for quick mobile wallet integration (Apple Pay, Google Pay).
- On-Chain Settlement: Powered by Immersve, transactions convert crypto to fiat with built-in KYC/AML compliance.
Availability
Initially launching in the UK and EU, with expansions planned for Latin America, Australia, and New Zealand.
👉 Learn more about crypto card benefits
Industry Impact
Jamie Elkaleh, CMO at Bitget Wallet, states:
"This collaboration bridges crypto and everyday payments, offering Mastercard-level convenience. Demand for real-world crypto utility is surging, and this card delivers seamless, secure transactions."
The move follows Mastercard’s April 2024 partnership with Kraken, underscoring its commitment to crypto payment infrastructure.
FAQ
Q: Is there an annual fee for the Bitget crypto card?
A: No, it’s a zero-fee card with no hidden charges.
Q: Which cryptocurrencies are supported?
A: While specifics aren’t disclosed, the card likely supports major tokens like BTC and ETH via on-chain swaps.
Q: How does the rewards system work?
A: Users earn perks like yield on idle funds and transaction-based bonuses.
Q: When will the card launch in the US?
A: Current focus is on Europe and the UK, with global expansion plans underway.
👉 Explore crypto payment solutions
Keywords: crypto card, Mastercard, Bitget Wallet, zero-fee crypto, on-chain payments, Immersve, cryptocurrency utility
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