Bitget Wallet has teamed up with Mastercard and licensed issuer Immersve to unveil a new zero-fee crypto card, enabling seamless, real-time crypto payments directly from users’ digital wallets.
According to a press release shared with crypto.news, the crypto card is integrated within the Bitget Wallet app and allows users to make instant payments through on-chain swaps and deposit functions. These cards can be used at over 150 million merchants worldwide that accept Mastercard, offering a smooth experience for both in-store and online purchases.
The initial rollout will begin in select regions, starting with the United Kingdom and the European Union. Expansion plans are already in place to bring the service to parts of Latin America, Australia, and New Zealand in the coming months.
Leveraging Mastercard’s “Digital First” initiative, users can apply for and receive a virtual card within minutes. Once approved, the card is instantly added to their mobile wallet and can be used immediately for transactions.
Transactions are processed through Immersve, a Mastercard-licensed issuer, which facilitates on-chain crypto-to-fiat conversion at the point of sale. The system complies fully with Mastercard’s regulatory standards, including Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) protocols.
“We’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale,” said a Mastercard spokesperson.
Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, emphasized the growing demand for real-world applications of crypto: “Crypto payments should be as seamless and secure as traditional transactions. With this partnership, Bitget Wallet users can now pay with crypto anywhere Mastercard is accepted.”
This launch follows Mastercard’s recent collaboration with Chainlink, aimed at enabling on-chain crypto purchases through off-chain payment channels for over 3 billion users. The company also projected that all transactions in the European Union will be tokenized by 2030, further signaling its long-term commitment to digital asset integration.
