Bitget Wallet has announced a strategic collaboration with payments giant Mastercard and infrastructure provider Immersve to introduce a new crypto-linked card. This innovative product enables users to make payments directly from their digital wallets at over 150 million merchants worldwide that accept Mastercard. The initiative aims to significantly enhance ease of use and efficiency within the burgeoning crypto card space, bridging the gap between digital assets and everyday commerce for a global user base.
Seamless Digital Experience and Onchain Funding
The new crypto-linked card will be conveniently accessible through the Bitget Wallet app, offering users a fully digital application process that can be completed within minutes, leveraging Mastercard Digital First technology. Once approved, the card can be instantly added to mobile wallets for immediate use at both physical retail locations and online merchants. A key feature is its support for real-time funding via onchain swaps and direct deposits, ensuring that users can access and spend their self-custodied assets with unparalleled speed and convenience.
Regulated Transactions Powered by Immersve
Underpinning the card’s functionality is Immersve, a Mastercard-licensed issuer, which facilitates the settlement of transactions onchain through crypto-to-fiat conversion. This process strictly adheres to Mastercard’s comprehensive regulatory framework, including essential Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, ensuring compliance and security. The card will initially be rolled out to users in the United Kingdom and European Union, with ambitious plans for subsequent expansion into Latin America, Australia, and New Zealand in the coming months, broadening its global reach.
Driving Real-World Utility for Digital Assets
The launch of this crypto card reflects a continued and growing interest in practical applications for cryptocurrencies, as the payments ecosystem actively seeks to connect blockchain-enabled solutions to mainstream finance. Bitget Wallet, boasting over 80 million users globally, is strategically positioning this card as a crucial tool to extend the utility of self-custodied digital assets into everyday commerce. The product also includes attractive optional incentives, such as transaction-based rewards, opportunities to earn yield on idle balances held in the wallet, and one-time bonuses for completing identity verification.
A Shared Vision for Seamless Crypto Payments
Leaders from all three partnering entities expressed a unified vision for the future of crypto payments. Jamie Elkaleh, CMO at Bitget Wallet, stated, “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.” Scott Abrahams, executive vice president of Global Partnerships at Mastercard, added, “Digital wallets are quickly becoming as ubiquitous as email addresses. At Mastercard, we’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale.”
Bridging Web3 and Traditional Finance Globally
Jerome Faury, CEO of Immersve, further emphasized the collaborative effort, noting, “Partnering with forward-thinking teams like Mastercard and Bitget Wallet is exactly how we scale real-world crypto use. We’re bridging the gap between Web3 and traditional finance, allowing users to spend crypto as easily as they spend fiat, on a global scale. ” This collective commitment highlights a strategic push to integrate digital assets more deeply into the existing financial infrastructure, making crypto not just an investment but a practical medium for daily transactions worldwide.
Bitget Wallet’s Commitment to Crypto for Everyone
This partnership aligns perfectly with Bitget Wallet’s overarching vision of “Crypto for Everyone,” aiming to make cryptocurrency simpler, safer, and an integral part of everyday life for a billion people. As a non-custodial crypto wallet designed for ease of use and security, Bitget Wallet offers a comprehensive suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and diverse crypto payment solutions. Supporting over 130 blockchains, 20,000+ DApps, and a million tokens, it facilitates seamless multi-chain trading across hundreds of decentralized exchanges and cross-chain bridges, all backed by a robust $300+ million user protection fund.
