Bitget Wallet partners with Mastercard to expand zero-fee crypto cards in Latin America
Odaily reported that, according to official news from Bitget Wallet, Bitget Wallet has partnered with Mastercard to launch a crypto payment card in 11 Latin American countries, providing local users with a zero-fee USD-denominated payment experience. Building on its previous launch in Brazil, this expansion further covers key markets including Argentina, Mexico, Panama, Guatemala, Bolivia, Peru, Colombia, Chile, Ecuador, Uruguay, and Paraguay.
The Bitget Wallet Card allows users to directly use stablecoins within the wallet for USD-denominated spending, and adopts a zero-fee mechanism within the monthly limit. Users can enjoy zero deposit fees, zero foreign exchange fees, zero conversion fees, and zero annual fees, with settlement exchange rates consistent with Google’s real-time rates. Compared to traditional bank cards, the Bitget Wallet Card can save users about 1.7% in hidden payment costs. The card supports Apple Pay and Google Pay, and can be used at merchants covered by the Mastercard global network.
Bitget Wallet stated that this expansion is an important part of its payment strategy, marking the official entry of the Bitget Wallet Card into broader core markets in Latin America. 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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