Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards
Main Idea
Bitget Wallet partners with Mastercard and Immersve to expand crypto payment services in the UK, EU, and plans further expansion to Latin America, Australia, and New Zealand.
Key Points
1. Bitget Wallet collaborates with Mastercard and its licensed issuer Immersve to offer crypto payment services in the UK and EU.
2. The partnership will expand to Latin America, Australia, and New Zealand in the future.
3. Transactions are settled with Mastercard’s regulatory compliance, including Know-Your-Customer (KYC) requirements.
4. Mastercard aims to tokenize 100% of its transactions in the EU by 2030.
5. Bitget Wallet’s CMO highlights the partnership’s goal to make crypto payments more accessible where Mastercard is accepted.
Description
Bitget Wallet partners with Mastercard and its licensed-issuer Immersve to launch new crypto cards that allow for fee-less payments directly from the digital wallet. According to a press release sent to crypto.news, the crypto card is available directly through the Bitget Wallet app and supports real-time payments through on-chain swaps and deposit features. It allows users to make payments directly through digital wallets at more than 150 merchants worldwide that accept Mastercard payments. The...
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