TechFlow news, on August 7, Bitget Wallet officially launched its dollar-based, zero-fee Mastercard crypto payment card in Brazil on August 6, and plans to expand in the coming months to Latin American markets including Argentina, Mexico, Colombia, Chile, Peru, and Guatemala, as well as more countries across the Asia-Pacific region. Supported by infrastructure provider Immersve, users can directly spend cryptocurrency at over 150 million Mastercard-accepting merchants worldwide through their wallet.
The card is exclusively activated via the Bitget Wallet App. Unlike crypto cards tied to centralized platforms, the Bitget Wallet crypto card operates on a non-custodial, on-chain architecture—funds remain within users’ crypto wallets at all times and are only converted upon payment. Utilizing Mastercard Digital First technology, the card supports Apple Pay and Google Pay, enabling users to instantly top up and spend USDC with zero deposit fees and no transaction fees. All purchases enable instant conversion from cryptocurrency to fiat, eliminating the need for local banks or traditional fiat exchange processes.
In addition, Bitget Wallet will offer cardholders an annual yield of up to 10% on their card balance, combining on-chain yield with barrier-free payment functionality to provide users with a stable solution for payments and value storage against local currency volatility. This positions the card as an alternative to traditional bank cards in international payments, online shopping, travel, and other use cases.
