Mastercard joins Bitget to offer a free crypto card
The American payment giant Mastercard has just found a new partner to continue its efforts to ensure the deployment of alternative payment solutions in the cryptoactive market. This time it is Bitget Wallet, the application allowing trading of cryptoactives. And their new common offer takes the form of a free crypto payment card.
FACTS
- Bitget and Mastercard have announced the launch of the Bitget Wallet card. First available in the UK and Europe, it is expected to expand internationally and be proposed in Latin America, Australia and New Zealand in the coming months.
- This Mastercard is the result of a collaborative work between three actors, as it is also based on the Immersve infrastructure provider.
- Users of this card will be able to request its broadcast within the Bitget app and receive a digital version of the card almost instantly, directly within their Bitget Wallet. They will then be able to pay for their daily purchases in USDC, directly from their Bitget portfolio, in the physical or online stores of the Mastercard network.
- The particularity of the offer is also based on its free model. Payments are also rewarded through a 5% cashback offer.
ISSUES
- A new step towards democratization : The launch of this new map marks a new step in expanding the use of cryptocurrency for daily expenses. Bitget Wallet has 80 million users; Mastercard can justify 150 million traders affiliated with its network worldwide.
- Simplify the process : Thanks to Immersve, a Mastercard-approved issuer, transactions are settled on-chain as part of a cryptocurrency conversion operation into cash that respects regulatory obligations. Bitget and Mastercard highlight their commitment to making cryptocurrency payments as smooth and secure as traditional transactions.
PERSPECTIVE
- Bitget already proposed a payment card with another American payment giant: Visa. But his offer So far, only VIP customers of the Bitget Wallet have been reserved.
- Mastercard won't be on his first cryptographic card issue. The US payment giant has long committed to allow the purchase of NFT by card with Coinbase or deploy payment cards in crypto with Mercuryo or Kraken For example.
Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate