finsmart-news_admin 
Bitget Wallet is teaming up with Mastercard and web3 payments firm Immersve to launch a new payment card that lets users spend crypto directly from their digital wallets.
The card will be accepted at more than 150 million merchants globally that support Mastercard, and will first roll out to users in the UK and European Union. Launches in Latin America, Australia, and New Zealand are expected to follow in the coming months.
Available in digital form through the Bitget Wallet app, the card makes crypto spending easier by integrating directly with merchants online and in-store. Users will also have access to features like yield on idle wallet balances, transaction rewards, and a one-time bonus for completing identity verification.
“Crypto payments should feel just as simple and secure as anything else,” said Bitget Wallet’s chief marketing officer Jamie Elkaleh. “This partnership helps push that forward by letting users pay with crypto anywhere Mastercard is accepted.”
Immersve, a principal member of Mastercard, will handle the back-end crypto-to-fiat settlement using on-chain tools while staying compliant with know-your-customer (KYC) and anti-money laundering (AML) regulations.
Bitget joins a growing list of crypto platforms offering payment cards, including Coinbase and Gemini, both of which rolled out Mastercard-backed or American Express-backed cards offering crypto rewards.
The payments giant is also collaborating with OKX to launch the “OKX Card,” which links crypto trading and Web3 spending directly to Mastercard’s global merchant network. At the same time, Mastercard is working with Circle, Nuvei, and Paxos to allow merchants to settle transactions directly in stablecoins such as USDC and USDP.
“Digital wallets are becoming part of everyday life,” said Scott Abrahams, Mastercard’s EVP of global partnerships. “Working with Bitget and Immersve helps bring crypto into more people’s hands in a safe and practical way.”
Last week, Mastercard partnered with Chainlink to allow cardholders around the world to buy crypto directly onchain using their debit or credit cards.
The new system enables fiat-to-crypto conversions fully onchain, without the usual detours through centralized exchanges or wallet apps. The idea is to bring crypto closer to everyday users by removing long-standing hurdles that made it harder for traditional consumers to access blockchain-based assets.
The effort taps a web of crypto and payment tech firms. Chainlink said the backend infrastructure includes compliance support from Zerohash, payment integration from Shift4, and trading execution via Swapper Finance and decentralized exchange XSwap. Uniswap will also supply liquidity on the backend.
