SwissBorg, a cryptocurrency trading platform, has partnered with Mastercard to launch a crypto debit card in 30 countries by 2026, enabling spending at 150 million acceptance points worldwide with cashback of up to 90%.
The connection between crypto assets and everyday spending is taking a significant step forward as SwissBorg announced a strategic partnership with Mastercard on December 10th. The Swiss-based crypto trading platform will issue a debit card that allows users to seamlessly spend digital assets, marking the latest effort to integrate decentralized finance into the global payments system.
The card will be rolled out as a virtual card in the first quarter of 2026 in thirty countries, including the European Economic Area, the United Kingdom, and Switzerland. Users can use the card at over one hundred and fifty million Mastercard acceptance points worldwide, with the ability to spend a wide variety of crypto assets. All transactions are instantly converted from crypto assets to fiat currency via SwissBorg Meta-Exchange, an intelligent routing mechanism that optimizes conversion rates.
Refund mechanism and economic value
The SwissBorg card's distinguishing feature lies in its economic model designed to deliver tangible benefits to users. Each payment can earn up to ninety percent cashback in BORG Token , depending on the user's loyalty level. Importantly, the cashback rewards are redeemed directly from the open market, creating continuous buying pressure for BORG Token and unlocking additional benefits such as increased yields, Airdrop, and exclusive early investment opportunities.
Users can select their primary spending asset from a list including BORG, Bitcoin, Ethereum, Solana , or stablecoins such as USDC and EURC, and designate a backup asset in case the primary balance is insufficient. All transactions are settled in the local base currency, ensuring a smooth payment experience for both users and merchants.
Cyrus Fazel, co-founder and CEO of SwissBorg, noted that while crypto-based debit cards have been around for years, very few products truly offer tangible benefits to users. He emphasized that the SwissBorg card is different, combining the routing power of Meta-Exchange with a real-world economic model that rewards spending behavior.
Christian Rau, Senior Vice President at Mastercard, said that through partnerships with leading global exchanges, Mastercard is helping to make cryptocurrency trading safer, simpler, and more accessible. This collaboration reflects a larger trend of traditional financial institutions becoming increasingly involved in the digital asset ecosystem.
SwissBorg 's rollout roadmap begins with a virtual card version, while the physical card and expanded features, including rewards programs and privileges, will be launched in subsequent phases.
Investors in SwissBorg 's Series A round will receive priority early access, automatically placing them on a waiting list for the initial offering. This partnership not only expands the practical applications of crypto assets but also gives users greater control over how they manage and spend their digital assets.
