Immersve
Immersve
Data verified on unchanged since the sources
Worth it if you're a wallet or platform and want to issue Mastercard cards spendable in self-custody, with USDC settlement via Circle.
Avoid it if you're an end consumer (this is B2B infrastructure, not directly accessible) or you operate outside Australia and New Zealand, where coverage is still limited.
Immersve is a New Zealand payments infrastructure company that connects web3 wallets to the Mastercard network, letting users spend crypto/stablecoins wherever Mastercard is accepted. Partnering with Mastercard and Circle, it converts USDC to fiat for settlement, with a model in which the user's digital assets remain non-custodial and are not held as collateral by a third party. It is a B2B solution for wallets and platforms, not an end-user product.
Data & conditions
| Service type | Card issuing / BaaS |
|---|---|
| Pricing model | Custom quote |
| Card networks | Mastercard |
| Card types | virtual, physical, debit |
| Stablecoins | USDC |
| Custody model | non-custodial |
| Customer type | Fintech, Developers, Platforms |
| Fund custody | Self-custody (funds in your control) |
| Supported countries | APAC, US |
| Segment | B2B |
| MiCA / License status | Not disclosed |
Strengths
- Partnership with Mastercard for web3 payments in Australia and New Zealand.
- Self-custody model: user assets are not held as collateral by a third party; settlement in USDC via Circle.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- B2B infrastructure: not directly accessible to end consumers.
- Initially limited geographic coverage (Australia/New Zealand) versus global players.
- No notable sovereignty drawback documented.
Verdict
Score 3.6/5, solid profile. In its favour: partnership with Mastercard for web3 payments in Australia and New Zealand. The trade-off to weigh: b2B infrastructure: not directly accessible to end consumers.
On the Sovereignty lens the score is 5.0/5 (outstanding): the strength is fund control (5.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Does Immersve hold my crypto as collateral?
No. Immersve's model is advertised as self-custody: the user's digital assets are not held as collateral by a third party.
Which network do Immersve-enabled cards run on?
The Mastercard network: settlement happens by converting USDC to fiat via Circle.
Sources
- Official service page Data verified on Jul 17, 2026
- circle.com Data verified on Jul 17, 2026
- mastercard.com Data verified on Jul 17, 2026