Mastercard, Bitget Wallet, and Immersve have joined hands in an effort to reshape the digital payment landscape. Together, the three companies are launching a revolutionary crypto card that will enable fee-free transactions, directly from their digital wallets. The official announcement came in a press release in which it was revealed that the new crypto card will support real-time crypto-to-fiat payments.

It will be made available through the Bitget Wallet application, and the payments will be made through on-chain deposits and swaps.

Mastercard and Bitget Wallet Collaboration

The new card will allow Mastercard users to make purchases at over 150 million global merchants without any transaction fees. The card will first be made available in the European Union and the United Kingdom. After that, the card service will be expanded to Australia, New Zealand, and Latin America in the coming months.

The consumers will be using Mastercard’s “Digital First” feature to apply for the card. They will receive a digital version of it within minutes of the approval of their application. Once issued, the card is instantly available in the user’s mobile wallet and ready to use for both online and in-store purchases.

The integration of Immersve features will make sure that all transactions are done securely. The transactions will be settled on-chain by converting crypto assets directly into fiat currency right at the point of sale. This process complied with Mastercard’s regulatory standards, including Anti-Money-Laundering (AML) and Know-Your-Customer (KYC) protocols.

Executive Vice President of Global Partnerships at Mastercard, Scott Abrahams, praised this collaboration and said it is a huge leap towards normalizing digital assets. He said, “Digital wallets are becoming as essential as email addresses. We’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale.”

Echoing the same sentiments, the Chief Marketing Officer of Bitget Wallet, Jamie Elkaleh, emphasized the growing demand for the real-world crypto utility. He said, “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.”

The partnership aligns with Mastercard’s broader strategy of embracing blockchain technology and digital currencies. In June, Mastercard worked with Chainlink to let people buy crypto on-chain via off-chain payment platforms. The goal was to reach over 3 billion customers. The company also said that it expects all of its EU-based transactions to be tokenized by 2030.

This new project shows even more that Mastercard is serious about connecting traditional finance with the digital asset ecosystem. With Bitget Wallet and Immersve, the new zero-fee crypto card represents a major leap forward in transforming how users engage with crypto in everyday transactions. As mainstream financial institutions and fintech innovators continue to converge, the border between digital assets and conventional payments continues to blur, bringing the future of money closer to the present.

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