Bitget Wallet and Mastercard Partner to Launch Groundbreaking Self-Custody Crypto Card 💳
In a major move to merge the worlds of decentralized and traditional finance, Bitget Wallet has announced a landmark partnership with payments giant Mastercard and infrastructure provider Immersve. The collaboration will introduce a revolutionary, no-fee, crypto-linked payment card that allows users to spend directly from their self-custody wallet.
Instant Access and Global Reach with Mastercard Digital First
This new Bitget Card will be directly accessible through the Bitget
Wallet application, enabling users to make payments at over 150 million
merchant locations worldwide that accept Mastercard. The card leverages Mastercard
Digital First technology, which allows for a fully digital application
process and instant integration into mobile wallets like Apple Pay and Google
Pay, providing immediate spending power.
Users can fund their spending in real-time by linking to exchanges or
making direct deposits from the blockchain into their Bitget Wallet.
This seamless integration aims to remove the friction typically associated with
using digital assets for everyday purchases.
The initial rollout will target the United Kingdom and the European
Union, with ambitious plans for expansion into Latin America, Australia,
and New Zealand in the coming months.
A New Paradigm for Crypto Spending
This launch marks a significant evolution from the first generation of
crypto payment cards, which typically required users to top up a separate,
centralized account managed by an exchange. The Bitget Card breaks this
mold by connecting directly to a user's non-custodial wallet. This means
users retain full control over their private keys and assets until the very
moment of purchase—a crucial feature for advocates of decentralization and
financial self-sovereignty. It directly addresses the common crypto mantra:
"not your keys, not your coins."
All transactions are handled through an on-chain crypto-to-fiat
conversion process managed by Immersve, a licensed Mastercard issuer that is
fully compliant with strict KYC (Know Your Customer) and AML
(Anti-Money Laundering) standards, ensuring a secure and regulated
transaction environment.
Bridging the Gap to Mainstream Finance
The release of this card is a direct response to the growing consumer
demand for practical, real-world utility for their cryptocurrency
holdings. With an existing user base of 80 million, Bitget Wallet
is positioning the card as a vital bridge between the security of
self-custodied assets and the convenience of daily global commerce.
To further enhance the user experience, optional features are planned,
including transaction rewards, yield generation on idle balances, and special
verification bonuses.
"Crypto payments should be as simple and secure as traditional
transactions," said Jamie Elkaleh, CMO of Bitget Wallet. Echoing
this sentiment, Scott Abrahams of Mastercard emphasized that the
partnership is focused on simplifying access to crypto "at scale."
Bitget Wallet stands as a leading non-custodial platform supporting over 130 blockchains, while Immersve provides the critical issuing infrastructure and Mastercard offers its unparalleled global network operating in over 200 countries.