{"id":569020,"date":"2025-07-07T07:43:12","date_gmt":"2025-07-07T06:43:12","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=569020"},"modified":"2025-07-07T07:43:12","modified_gmt":"2025-07-07T06:43:12","slug":"bitget-wallet-partners-with-mastercard-to-launch-crypto-payment-card","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/bitget-wallet-partners-with-mastercard-to-launch-crypto-payment-card\/","title":{"rendered":"Bitget Wallet partners with Mastercard to launch crypto payment card"},"content":{"rendered":"

\"bitget<\/p>\n

Bitget Wallet<\/a> has partnered with Mastercard<\/a> and digital payment infrastructure provider Immersve<\/a> to launch a new crypto-linked card, aiming to make digital<\/a> assets more usable for everyday purchases.<\/p>\n

The initiative allows Bitget Wallet users to spend cryptocurrency directly from their self-custodied wallets at over 150 million merchants that accept Mastercard worldwide.<\/p>\n

The new card, available through the Bitget Wallet app, enables real-time funding through onchain swaps and deposits, removing friction often associated with converting crypto to fiat at the point of sale. Using Mastercard\u2019s Digital First approach, customers can apply online and, within minutes, add the virtual card to their mobile wallet for immediate use at physical and online retailers.<\/p>\n

Transactions made with the card are settled onchain, with crypto converted to fiat currency in line with Mastercard\u2019s regulatory framework, which includes strict know-your-customer (KYC) and anti-money laundering (AML) requirements. The card will initially launch in the UK and European Union, with expansion to Latin America, Australia and New Zealand expected in the coming months.<\/p>\n

The partnership reflects growing interest across the payments sector in bridging the gap between decentralised finance and traditional financial infrastructure. By linking self-custodied crypto wallets to Mastercard\u2019s global network, Bitget Wallet aims to extend the practical value of digital assets beyond exchanges and investment accounts. The card also includes optional benefits such as transaction-based rewards, yield on unused wallet balances, and one-time bonuses for users who complete identity verification.<\/p>\n

Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, <\/strong>said, \u201cCrypto 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. We’re seeing massive demand for real-world crypto utility, and this collaboration with Mastercard and Immersve provides the infrastructure to make that vision a reality.\u201d<\/p>\n

Scott Abrahams, Executive Vice President of Global Partnerships at Mastercard, <\/strong>said, \u201cDigital 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. This is a critical step in bringing digital assets closer to mainstream utility.\u201d<\/p>\n

Jerome Faury, Chief Executive of Immersve,<\/strong> said, \u201cPartnering 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.\u201d<\/p>\n

The launch comes amid continued industry focus on practical blockchain applications and the development of payment solutions that can integrate digital assets into everyday commerce. By aligning with Mastercard and Immersve, Bitget Wallet positions itself at the intersection of decentralised finance and the mainstream payments ecosystem, with an eye on wider global rollout in the coming year.<\/p>\n","protected":false},"author":35851,"featured_media":569021,"parent":0,"template":"","categories":[11395,11381,29445,11396,11375,11376,42764,11379,35279,41795,11378,11384],"tags":[12663,11868,21000,11668,11777,11438,11409,12472,11769,11549],"class_list":["post-569020","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-artificial-intelligence","category-cards-management","category-cryptocurrency","category-cybersecurity","category-digital-banking","category-digital-payments","category-lending","category-loans","category-mobile-banking","category-open-banking","category-payments","tag-ai","tag-america","tag-centralized-crypto","tag-cross-border-payments","tag-crypto","tag-digital-payments","tag-digital-transformation","tag-financial-inclusion","tag-financial-institutions","tag-financial-services"],"acf":[],"yoast_head":"\nBitget Wallet partners with Mastercard to launch payment card<\/title>\n<meta name=\"description\" content=\"Bitget Wallet has partnered with Mastercard and digital payment infrastructure provider Immersve to launch a new crypto-linked card.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/bitget-wallet-partners-with-mastercard-to-launch-crypto-payment-card\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitget Wallet partners with Mastercard to launch crypto payment card\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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