Bitget Wallet Partners Mastercard for Global Crypto Payments

Generated by AI AgentCoin World
Wednesday, Jul 2, 2025 5:21 am ET2min read

Bitget Wallet has announced a strategic partnership with

and Immersve to introduce a new crypto-linked card. This card enables users to make payments directly from their digital wallets at over 150 million merchants globally that accept Mastercard. The primary goal of this product is to enhance the ease of use and efficiency in the crypto card space.

The card will be accessible through the Bitget Wallet app and will support real-time funding via onchain swaps and deposits. Utilizing Mastercard's Digital First technology, users can apply for the card digitally and add it to their mobile wallets within minutes for use at both physical and online merchants. Transactions will be settled onchain through crypto to fiat conversion, adhering to Mastercard's regulatory framework, including Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. The initial rollout will be in the United Kingdom and European Union, with plans to expand to Latin America, Australia, and New Zealand in the coming months.

This launch is part of a broader trend of increasing interest in practical crypto applications and efforts by the payments ecosystem to integrate blockchain-enabled solutions into mainstream finance. Bitget Wallet, which has over 80 million users globally, aims to extend self-custodied assets into everyday commerce with this product. The card also offers optional incentives such as transaction-based rewards, yield on idle balances in the wallet, and one-time bonuses for completing identity verification.

Jamie Elkaleh, CMO at Bitget Wallet, emphasized the seamless and secure nature of crypto payments with this partnership, stating, "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. 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."

Scott Abrahams, executive vice president, Global Partnerships at Mastercard, highlighted the commitment to making crypto transactions simple, secure, and accessible at scale. He noted, "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. This is a critical step in bringing digital assets closer to mainstream utility."

Jerome Faury, CEO of Immersve, underscored the importance of bridging

between Web3 and traditional finance, allowing users to spend crypto as easily as they spend fiat on a global scale. He stated, "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."

Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless, and secure for everyone. With over 80 million users, it offers a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users' assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

Immersve is a principal member of the Mastercard network. Its issuing-as-a-service platform supports both centralized and decentralized payment experiences. Exchanges, web3 wallets, and DeFi protocols can easily integrate with Immersve's APIs and smart contracts to

anywhere Mastercard is accepted. Immersve is a registered Financial Services Provider.

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