In a move that could redefine how crypto holders interact with traditional finance, Bitget Wallet has announced a groundbreaking partnership with Mastercard to launch a self-custodied crypto payment card. The collaboration enables users to spend digital assets directly from their wallets at more than 150 million merchants worldwide that accept Mastercard. It marks a major step forward in bridging the gap between decentralized finance and everyday transactions.
Instant Access Through Mastercard Digital First Technology
At the heart of this innovation is Mastercard’s Digital First technology, which supports seamless digital applications and immediate integration with mobile wallets. Users of the Bitget Wallet app will be able to instantly access their crypto card, without waiting for a physical version. This technology ensures that the user experience mirrors that of conventional financial tools—fast, intuitive, and accessible on-the-go.
The card allows real-time funding via onchain swaps and direct deposits, meaning users can convert their crypto to fiat currency instantly when making purchases. This is powered by Immersve, a Mastercard-licensed issuer, which facilitates on-chain crypto-to-fiat conversions in compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
Initial Launch in Europe and the UK, With Global Expansion on the Horizon
The initial rollout is planned for the United Kingdom and the European Union, targeting markets that have shown a strong appetite for crypto integration. Bitget and Mastercard have outlined an ambitious roadmap for global expansion, with launches planned in Latin America, Australia, and New Zealand in the coming months. This global vision reflects the increasing demand for practical, cross-border crypto payment solutions that work seamlessly within existing financial ecosystems.
Bridging the Gap Between Self-Custody and Real-World Use
Bitget Wallet, a non-custodial crypto wallet supporting over 130 blockchains, has long championed user ownership and control of digital assets. With over 80 million users, the platform is one of the largest in the decentralized wallet space. The introduction of the crypto payment card enhances its utility by enabling users to spend their self-custodied assets in the real world, without needing to transfer them to a centralized exchange or service.
This marks a significant evolution in the crypto space—moving beyond speculative investment and into real-world usability. Whether buying groceries, booking travel, or shopping online, users can now fund transactions directly from their wallets in real time.
Incentives for Users: Rewards, Yield, and Bonuses
The Bitget Mastercard isn’t just about convenience—it’s designed to offer financial advantages as well. Users will have access to optional transaction rewards, including cashback incentives and loyalty points. Additionally, idle balances in the wallet may earn yield, allowing users to maximize the value of their assets while they are not in use.
Verification bonuses and other promotional incentives will also be offered to early adopters, creating a compelling reason for users to integrate the card into their daily financial habits.
Security, Simplicity, and Scale
Security remains a top priority in this partnership. Since Bitget Wallet is non-custodial, users retain full control of their private keys, ensuring their assets remain in their possession at all times. Combined with Mastercard’s global network and Immersve’s secure issuing infrastructure, the solution offers a high level of trust and reliability.
“Crypto payments should be as seamless and secure as traditional transactions,” said Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet. Mastercard’s Scott Abrahams echoed the sentiment, emphasizing the importance of simplifying access to crypto “at scale.”
A Milestone in Crypto’s Journey Toward Mainstream Adoption
This partnership signals a broader shift in the financial landscape, where blockchain-powered solutions are no longer operating on the fringes of finance. By enabling instant, compliant, and global crypto payments through a trusted platform like Mastercard, Bitget Wallet is making digital assets more functional and accessible than ever before.
As crypto adoption continues to rise, initiatives like this could be the key to unlocking the true potential of decentralized finance—integrating the freedom of self-custody with the convenience of modern commerce.
