- Bitget launches zero-fee crypto card with global Mastercard support.
- Real-time crypto-to-fiat payments ensure seamless retail transactions worldwide.
- Incentives include rewards, yield, and bonuses for verified users.
Bitget Wallet has announced a strategic partnership with Mastercard and Immersve to release a zero-fee crypto spending card. This new offering will allow users to make real-time payments using cryptocurrency at over 150 million global merchants that accept Mastercard.
The move aims to streamline crypto adoption by merging digital asset convenience with traditional payment networks.
Bitget Launches New Crypto Card for Global Use
The card is available through the Bitget Wallet app, allowing users to apply digitally and receive a mobile version within minutes. It can be used at both physical and online retailers, simplifying how users spend their crypto assets in daily life.
The product launch begins in the United Kingdom and the European Union, with plans to expand into Latin America, Australia, and New Zealand in the coming months.
Bitget Wallet Emphasizes Real-Time Payments and Compliance
The crypto card is powered by Immersve, a Mastercard-licensed issuer that handles transaction settlement. When users make purchases, crypto is instantly converted to fiat currency onchain, enabling real-time payment while ensuring full regulatory compliance.
This involves compliance with Know Your Customer (KYC) and Anti-Money Laudering (AML) regulations to match the offering with legal and operations expectations of Mastercard.
As part of this initiative, Bitget Wallet is also becoming an even more positive presence in the new area of the global payments market through the promotion of the active application of cryptocurrencies in everyday life.
The partnership is a significant step toward bringing blockchain solutions into mainstream finance, providing users a practical way to utilize self-custodied digital assets in everyday commerce.
Bitget Offers Additional Incentives to Drive Adoption
Bitget Wallet will also have a variety of incentives to its users in order to motivate them. These are transaction-responsive reward, opportunity to earn yield on the unutilised wallet balances, and a one-off bonus based upon the accomplishment of identity verification.
These characteristics will promote the use of the card as long time entertainment in addition to strengthening interaction of individuals with the Bitget Wallet ecosystem.
The launch comes at a time when crypto-backed cards are gaining popularity. Competitors like Coinbase and Gemini have previously introduced similar offerings, with Coinbase’s American Express-powered card and Gemini’s Mastercard crypto reward card entering the market in recent years.
A combination of the international presence of Mastercard and the regulatory-friendly landscape provided by Immersve will help Bitget Wallet become one of the key players in the crypto payment environment in a new dimension. This card may be a great step towards the practice of crypto spending becoming viable and established.
