Available regions
Applications or normal card activation are supported
HungaryHUGermanyDESpainESIrelandIEPolandPLPortugalPTUnited KingdomGBRomaniaROItalyITNetherlandsNLGreeceGRNew ZealandNZ
- Evidence
- Officially supported
Card database / Mastercard / Stablecoin payment card
P
Pera Card
Updated: Aug 17, 2026
Pera Card is a crypto payment card developed by Pera Wallet for Algorand users. The first-generation product connected to the Mastercard network through Immersve. Users deposited USDC on the Algorand network into an on-chain address linked to the card and could spend it directly on everyday purchases, with balances and payment records visible on-chain. The first-generation card stopped operating on 3 April 2026. Pera is currently developing the next-generation card, which is available only through a waitlist at this stage.
Official and company information
Issuer identity and company credentials
Pera Wallet is a Portuguese fintech company that develops open-source non-custodial wallets for the Algorand ecosystem, supporting ALGO and Algorand standard assets, NFTs, wallet connectivity, third-party exchanges, and staking. Its Pera Card is a non-custodial Mastercard debit card project launched in partnership with payment infrastructure provider Immersve, allowing users to spend USDC on the Algorand network; Pera primarily plays the role of wallet, brand, and product integration, while card accounts, KYC, payment networks, and card issuance are provided by the Immersve ecosystem.
- Company / issuer
- Pera Wallet / Pera Card
- Legal name
- Pera Wallet, Lda.
- Registered region
- Portugal (PT)
- Headquarters
- Original葡萄牙里斯本
- Company type
- Fintech
- Verification status
- Verified
- Issuer website
- Official link
- Application page
- Application link
Card overview
The first-generation Pera Card launched in May 2025, using a non-custodial payment structure combining Pera Wallet, Algorand, Immersve, and Mastercard. Each card has its own Algorand on-chain address; users deposit USDC and can spend, with Immersve reading the on-chain balance at payment authorization, converting USDC to the merchant's required fiat, and settling via Mastercard. The card supported Apple Pay, Google Wallet, online payments, and NFC contactless in-store purchases, and expanded to 12 countries by the end of 2025. In 2026, Pera decided to end its partnership with the original card service provider, stopping top-ups on March 26 and closing all old cards on April 3. The next-generation Pera Card will feature tighter wallet-native integration and broader regional coverage, but is currently in the waitlist stage.
Mastercard card experienceRegional availabilityTerms may change
Notice: The first-generation Pera Card ceased service on 2026/04/03. All original Immersve cards became invalid, and transactions initiated after that date are declined. From 2026/03/26, top-ups to old cards were disabled and the cards entered withdrawal-only status. Users were instructed to transfer USDC back to Pera Wallet or another address by 2026/04/03. Card accounts with balances remaining after the deadline require manual closure.
Card variants and fee differences
Compare verified fee records across card forms and tiers
P Pera Card | |
|---|---|
| Card form | Virtual card |
| Fees | |
| Monthly fee | — |
| Card issuance fee | Free Application fee waived for first-generation card |
| ATM fee | — |
| Foreign exchange fee | — |
| Top-up fee | — |
| Failed transaction fee | — |
| Rewards | |
| Cashback | 1% End-of-life reward for first-generation card |
| Crypto cashback | — |
| Staking rewards | — |
| Staking APR | — |
| Welcome bonus | — |
| Referral bonus | — |
| Limits | |
| Daily spending limit | 20,000 USD First-generation provider limit |
| Monthly spending limit | — |
| ATM withdrawal limit | — |
| Card network |
Fees may vary by region, card tier, and official policy. Verify the latest official terms.
Regions and China applicability
Application status based on public sources, official policy, and user reports. This is not application advice.
Unsupported or restricted regions
Applications or features are unavailable or restricted
TaiwanTWMacaoMOHong KongHKChinaCN
- Evidence
- Officially restricted
Unconfirmed regions
Evidence is insufficient
No records
- Evidence
- Public sources
China applicability
The source text is retained below.
Original
1、中国大陆：中国大陆：当前无法正式申请 Pera Card，第一代卡已于 2026 年 4 月 3 日停用，现阶段没有可正常消费的在用卡。
2、香港：当前无法正式申请 Pera Card，下一代产品尚处等待名单阶段，第一代已发行卡也已全部停止交易。
3、澳门：当前无法正式申请 Pera Card，下一代产品尚处等待名单阶段，第一代已发行卡也已全部停止交易。
4、台湾：当前无法正式申请 Pera Card，下一代产品尚处等待名单阶段，第一代已发行卡也已全部停止交易。
Updated: Aug 17, 2026
KYC requirements
Current identity-verification requirements and restrictions
KYC required
YesRequiredKYC level
Full KYCRequirement confirmedProof of address
YesRequiredAccepted documents
Passport / Driver's license
Review time / regional limits
Automated verification can be completed in minutes; manual or additional document review can take several business days.
KYC provider
Not disclosed
Updated
Aug 17, 2026
Payment compatibility
Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy
Compatibility overview12 scenarios
Supported0
Not supported12
UpdatedAug 17, 2026
Wallet payments
Alipay
Not supported
Aug 17, 2026
Wallet payments
Apple Pay
Not supported
Aug 17, 2026
Cash services
ATM withdrawal
Not supported
Aug 17, 2026
AI tools
ChatGPT
Not supported
Aug 17, 2026
AI tools
Claude
Not supported
Aug 17, 2026
Wallet payments
Google Pay
Not supported
Aug 17, 2026
AI tools
Midjourney
Not supported
Aug 17, 2026
In-person payments
Offline POS
Not supported
Aug 17, 2026
Online shopping
Online shopping
Not supported
Aug 17, 2026
Wallet payments
PayPal
Not supported
Aug 17, 2026
Subscriptions
Subscription payment
Not supported
Aug 17, 2026
Wallet payments
WeChat Pay
Not supported
Aug 17, 2026
User reviews
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Risk factors
Updated: Aug 17, 2026
No risk factors are available