Bitget Wallet Partners with Mastercard to Expand Zero-Fee Crypto Card in Latin America

According to an official announcement from Bitget Wallet, Bitget Wallet has partnered with Mastercard to launch a crypto payment card in 11 Latin American countries, offering local users a USD-denominated payment experience with zero fees. This expansion builds upon the previous launch in Brazil, further covering key markets including Argentina, Mexico, Panama, Guatemala, Bolivia, Peru, Colombia, Chile, Ecuador, Uruguay, and Paraguay.

The Bitget Wallet Card allows users to directly spend stablecoins for USD-denominated purchases within the wallet, featuring a zero-fee mechanism within the monthly quota. Users can enjoy zero deposit fees, zero foreign exchange fees, zero conversion fees, and zero annual fees, with settlement rates aligned with Google's real-time exchange rates. Compared to traditional bank cards, the Bitget Wallet Card can save users approximately 1.7% in hidden payment costs. The card supports Apple Pay and Google Pay and can be used at merchants within Mastercard's global network.

Bitget Wallet stated that this expansion is a crucial part of its payment strategy, marking the official entry of the Bitget Wallet Card into a broader range of core Latin American markets. By reducing hidden fees and exchange rate friction in daily stablecoin payments, the card aims to promote the adoption of crypto payments in real-world consumption scenarios.