Bitget Wallet unveiled a partnership with Mastercard and payments infrastructure provider Immersve to launch the Bitget Wallet Card, a crypto-linked payment product that went live on 1 July
Bitget Wallet unveiled a partnership with Mastercard and payments infrastructure provider Immersve to launch the Bitget Wallet Card, a crypto-linked payment product that went live on 1 July. Available through the Bitget Wallet app, the virtual card links directly to users’ self-custodied wallets.
Holders can spend Bitcoin and other digital assets at more than 150 million merchants that accept Mastercard, with purchases settled on-chain via real-time crypto-to-fiat conversions. Bitget said the card imposes no transaction fees and meets Mastercard’s know-your-customer and anti-money-laundering standards.
The service is initially offered in the United Kingdom and the European Union, with plans to extend coverage to Latin America, Australia and New Zealand. A U.S. rollout remains contingent on regulatory clearance. The move broadens Mastercard’s push to integrate digital assets into its global payments network, following earlier collaborations with exchanges such as Gemini and Bybit.
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Source: https://thedefiant.io/news/tradfi-and-fintech/bitget-teams-mastercard-to-launch-zero-fee-crypto-card-uk-eu-f0bd92e1