Immersve
Immersve
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