• Bitget Wallet has partnered with Mastercard and Immersve to launch a fee-free crypto-linked payment card, initially available in the UK and EU.
  • The card enables real-time crypto-to-fiat transactions through the Bitget Wallet app and supports over 150 million merchants globally.

Bitget Wallet has announced the launch of a new crypto-linked payment card in partnership with Mastercard and infrastructure provider Immersve.

Initially rolling out in the UK and European Union, the Bitget Wallet Card enables users to make real-time crypto-to-fiat purchases with over 150 million Mastercard merchants worldwide, without any transaction fees.

The card, accessible through the Bitget Wallet app, features on-chain settlement and funding via swaps and deposits. It also utilises Mastercard’s Digital First tools, allowing users to apply for and add the card to their smartphone wallets in minutes.

Immersive provides the backend tech stack for the initiative, ensuring seamless integration with Mastercard’s payment rails. CEO Jerome Faury explained,

“This includes APIs for card issuance, transaction processing, on-chain protocol and settlement, plus compliance tooling such as KYC and AML integration.”

He added that Immersve ensures fiat settlements are secure and compliant with both Mastercard and regulatory standards.

Following the UK and EU launch, the card will expand to Latin America, Australia, and New Zealand. A U.S. rollout remains uncertain, contingent on regulatory approvals and local issuing partnerships.

Bitget Wallet CMO Jamie Elkaleh noted that 40% of its global users have used crypto for payments, with stronger demand in emerging markets like Southeast Asia and Africa.

He emphasised higher adoption among Millennial and Gen Z users and in regions lacking robust banking infrastructure.

As crypto cards gain popularity, Mastercard SVP Christian Rau stressed their commitment to bridging digital assets and traditional finance. Mastercard already supports products from Gemini, MetaMask, and Bybit.

Recent data from CEX.io shows nearly half of crypto card purchases are under €10, with average crypto card transactions (€23.70) falling below those made with traditional bank cards (€33.60).

Edited by Annette George