Cryptocurrency wallet provider Bitget Wallet has partnered with Mastercard to launch a zero-fee crypto card, enabling users to transact at over 150 million merchants globally.
New Crypto Card from Bitget Wallet
The card is available directly through the Bitget Wallet mobile application. It supports real-time cryptocurrency-to-fiat conversions through on-chain swaps, with initial availability in the UK and EU, and plans for expansion into Latin America, Australia, and New Zealand in the coming months.
Technology and Ease of Use
Leveraging Mastercard's 'Digital First' technology infrastructure, users can apply for and receive digital cards within minutes of approval. The card is integrated directly into mobile wallets and is usable at both physical and online merchants. It is compatible with Apple Pay and Google Pay, offering early users a 5% cash back and yield opportunities.
Expansion Strategy and Market Growth
The partnership between Bitget Wallet and Mastercard addresses the growing demand for innovative crypto solutions. Scott Abrahams from Mastercard emphasized the strategic importance of this collaboration as a significant move towards bringing digital assets closer to mass adoption.
The launch of this crypto card marks a significant step towards broader adoption of digital assets and improved integration between traditional financial services and fintech innovations.
