Crypto Payments Go Mainstream
Bitget Wallet has teamed up with Mastercard and Web3 payments firm Immersve to introduce a new crypto card that allows users to pay directly from their digital wallets. This strategic partnership brings crypto payments closer to mainstream adoption, making it easier for users to spend digital assets just like traditional money.
Accepted at 150 Million Merchants
The Bitget Mastercard crypto card can be used at over 150 million merchants globally—anywhere Mastercard is accepted. This move aims to simplify crypto payments and integrate them into everyday commerce.
Initial Launch in the UK and EU
Users in the United Kingdom and European Union will be the first to access the card, with Bitget planning to expand availability to Latin America, Australia, and New Zealand in the coming months.
Digital and Physical Use Cases
A digital version of the card will be available through the Bitget Wallet app, supporting both in-store and online purchases. Users can also earn passive rewards, including yield on idle balances, transaction-based incentives, and a bonus for completing identity verification.
Real-World Crypto Utility
“Crypto payments should be as seamless and secure as traditional transactions,” said Jamie Elkaleh, Chief Marketing Officer of Bitget Wallet. “We’re seeing massive demand for real-world crypto utility, and this collaboration with Mastercard and Immersve delivers exactly that.”
Onchain Settlement and Compliance
Immersve, a principal member of Mastercard, will handle crypto-to-fiat settlements onchain. The firm ensures compliance with global standards, including KYC and AML regulations, offering users a secure and regulated crypto payment experience.
Crypto Cards Gaining Momentum
Bitget joins a growing list of crypto companies offering card solutions. Coinbase recently launched a card powered by American Express with up to 4% back in Bitcoin rewards, while Gemini partnered with Mastercard in 2021 to offer crypto-back incentives.
Mastercard’s Commitment to Crypto Innovation
“Digital wallets are quickly becoming as ubiquitous as email addresses,” said Scott Abrahams, Mastercard’s Executive Vice President of Global Partnerships. “We’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale.”
