Bitget Wallet has joined forces with Mastercard and web3 payments firm Immersve to launch a groundbreaking card that lets users pay directly from their crypto wallets. This new card will work at over 150 million merchants worldwide that accept Mastercard making crypto spending more practical than ever. Users in the UK and EU will get first access followed by Latin America Australia and New Zealand soon.

The digital version of the card will be available through the Bitget Wallet app for online and in-store purchases. Cardholders can also earn yield on idle balances enjoy transaction rewards and receive a one-time bonus for identity verification. Immersve will handle crypto-to-fiat settlements onchain while following strict compliance standards.

Bitget Wallet believes this partnership will make crypto payments as easy and secure as traditional transactions and Mastercard agrees. Scott Abrahams from Mastercard said working with Bitget Wallet and Immersve is a critical step to making digital assets part of everyday spending. Crypto-backed cards are rapidly growing and this move pushes digital currency closer to mainstream use.