Bitget and Mastercard partner on crypto card letting users pay directly from their digital wallet

Bitget Wallet has partnered with credit card giant Mastercard and web3 payments firm Immersve to launch a card that lets users pay directly from their digital wallets. The card can be used at the 150 million merchants that accept Mastercard, aiming to expand crypto adoption through ease of use. Users in the United Kingdom and European Union will receive the card first, with plans to launch in Latin America, Australia, and New Zealand "in the coming months," according to a release shared with The Block. Individuals can obtain a digital version of card through the Bitget Wallet app for use at both physical and online merchants, the release continues. Users will also have the option to earn yield on idle balances in their wallet, transaction-based rewards, and a one-time bonus for verifying their identity. "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," said Bitget Wallet chief marketing officer Jamie Elkaleh in a statement. "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."Immersive is a principal member of Mastercard, according to the firm's website. Immersve will settle crypto-to-fiat transactions onchain while adhering to know-your-customer (KYC), anti-money laundering (AML), and other regulatory compliance rules. Many crypto firms have launched a crypto-backed card, including crypto exchange Coinbase, which unveiled an American Express-powered card offering users up to 4% back in BTC rewards earlier this month. The digital asset exchange Gemini also partnered with Mastercard in 2021 to create a credit card offering users crypto rewards, The Block previously reported. "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," said Mastercard's executive vice president of global partnerships Scott Abrahams in a statement. "This is a critical step in bringing digital assets closer to mainstream utility."Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.