Bitget and Mastercard Partner to Launch Zero-Fee Crypto Payment Cards
In a groundbreaking move, Mastercard has teamed up with Bitget Wallet and licensed issuer Immersve to introduce fee-less crypto payment cards. This collaboration allows users to conduct direct on-chain transactions at over 150 global merchants that accept Mastercard, seamlessly converting cryptocurrency to fiat while adhering to KYC/AML regulations. The initial rollout is focused on the UK and EU, with future expansions planned for Latin America, Australia, and New Zealand. The Digital First feature ensures a user-friendly experience, marking a significant step forward in mainstream crypto adoption.
Mastercard and Bitget Wallet Launch Zero-Fee Crypto Cards
Mastercard has partnered with Bitget Wallet and licensed issuer Immersve to introduce fee-less crypto payment cards. The collaboration enables direct on-chain transactions at over 150 global merchants accepting Mastercard, converting crypto to fiat in compliance with KYC/AML regulations.
Initial rollout targets the UK and EU, with plans for Latin America, Australia, and New Zealand expansion. The Digital First feature delivers VIRTUAL cards within minutes via the Bitget Wallet app, supporting real-time payments through on-chain swaps.
"This marks a milestone in bridging decentralized finance with traditional payment rails," said Mastercard's Scott Abrahams. The MOVE signals growing institutional validation of crypto utility in mainstream commerce.
Bitget Wallet Launches Crypto-Linked Mastercard in Partnership with Immersve
Bitget Wallet has teamed up with Mastercard and Immersve to introduce a crypto-linked payment card, enabling users to spend digital assets at over 150 million merchants globally. The card, accessible via the Bitget Wallet app, offers real-time crypto-to-fiat conversions with zero fees, leveraging Mastercard's Digital First tools for seamless onboarding.
Initial availability is limited to the UK and EU, with plans to expand to Latin America, Australia, and New Zealand. The U.S. remains excluded pending regulatory clearance. Immersve provides the backend infrastructure, connecting Bitget's self-custodial wallet to Mastercard's payment network.