Immersve

A New Zealand card issuer and Mastercard principal member. Apps fund cards with USDC onchain, and Circle turns it into money to pay Mastercard.

Company

Immersve (New Zealand, Australia)

Network

Mastercard principal

Card volume

$69.2M in 30 days

Founded

2021

Licensed as

Immersve Limited issues prepaid cards in New Zealand and Immersve Pty Ltd holds an Australian financial services license (AFSL 545925). For the UK and EEA it relied on cards issued by another EMI until a regulator order in Dec 2025.

BINs and regions

Its own Mastercard BINs for Australia and New Zealand. Cards are billed in USD. Programs have launched in Europe, Latin America, Australia and New Zealand; no US cards found.

Card types

Prepaid Mastercard, virtual first.

How programs fund it

USDC goes into a card linked contract or address, or stays in a wallet under an approval. At payment the USDC moves to Immersve. Chains include Algorand and EVM chains such as Base, Arbitrum and Polygon.

Pays the network

USDC is converted and settled with Mastercard through Circle.

Card volume

$199.9M all time and $69.2M in the last 30 days, tracked from issuer settlements and top ups (PaymentScan, Nov 3, 2026). Immersve publishes no card count.

Programs it powers

Bitget Wallet card, Pera card, KuCard in Australia and others.

Pros

Own Mastercard membership; USDC settlement through Circle; self custody funding with a way to withdraw after a delay without Immersve.

Cons

USD billing only; Mastercard only; its UK and EEA cards depended on another issuer that its regulator restricted; little public data on scale.

Rules

Immersve answers to Mastercard for its BINs and to New Zealand and Australian law. Cards for other regions need a local issuer or approval.

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Public information as of September 2026, simplified. Not legal or investment advice. Open the full stablecoin cards world.