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: Sep 21, 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.
- Card network
- Product type
- Stablecoin payment card
- Card form
- Virtual card
- Operating status
- Waitlist
- KYC level
- Full KYC
- Commercial relationship
- No commercial relationship
- Risk score
- 50-59
- Supported assets
USDC- Last updated
- Sep 21, 2026
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
- Lisbon, Portugal
- 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.
Usage scale & trends
Usage data is not available for this card yet. It will appear here when available.
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 language support
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
Availability in English-Speaking Markets
1. United States：Cannot apply，Cannot use，The previous Pera Card program was terminated on April 3, 2026 and all existing cards were deactivated; the next-generation Pera Card is currently only accepting waitlist registrations.
2. United Kingdom：Cannot apply，Cannot use，The former Pera Card stopped working on April 3, 2026, while the replacement card program has not yet launched and is currently limited to a waitlist.
3. Canada：Cannot apply，Cannot use，Pera’s previous card program has been discontinued and the new card is still in pre-launch waitlist stage, so Canadian residents cannot currently obtain or use an active Pera Card.
4. Australia：Cannot apply，Cannot use，Existing Pera Cards were deactivated on April 3, 2026 and the upcoming replacement program has not yet opened for actual card issuance.
5. South Africa：Cannot apply，Cannot use，Pera Card is currently between card programs: the former cards have been deactivated and the next-generation product is only available for waitlist registration.
6. New Zealand：Cannot apply，Cannot use，The previous card service ended on April 3, 2026 and the new Pera Card has not yet launched for issuance or payment use.
7. Ireland：Cannot apply，Cannot use，Pera terminated its previous card-provider program on April 3, 2026 and the replacement card remains in waitlist-only pre-launch status.
Updated: Sep 13, 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
Review
Read the editorial review, its verdict and latest update.
No review yet
No review has been published for this card. Published reviews appear here.
User reviews
Showing 10 approved reviews matched to this card
The app is 100% failure
Cant get any worse, endless loop, no access to anything with this no good wallet. No support, many changes with endless loops. O resolution with any problem. Avoid use at all costs
View original #1 Algorand App
Great app before this new update. Transactions don’t pop up
View original 7.0 main tab does not work
The 7.0 update nuked the main tab to view your account. Touch does not function at all. Please fix.
View original Wallets
Easiest and safest wallet in crypto. Give it a try!
View original Change to one star
They charge way too much for swaps. It’s actually unusable it’s cheaper to use coinbase… read that again.
View original Terrible UI with high swapping fees
Pera makes it difficult to send, swap, and manage your funds. The UI is AWFUL. Pera has extremely high fees for swapping currencies and makes it difficult to interact with exchanges. Do NOT hold your assets here.
View original Wow
This has to be one of the best wallets I’ve ever used. Transactions on Algo happen so quick and gas fees are like 0.0001 cent. Highly recommend!!!
View original Works great
Easy to use and if you have a question, they have good customer support on X and discord. They’re constantly releasing updates that add capabilities and not confusion. Best wallet I’ve ever used, hands down.
View original Too many errors swapping
Gives so much errors when swapping it’s annoying
View original Be careful
You can’t back up your wallet to another phone. Weird.
View original Risk factors
Updated: Aug 17, 2026
No risk factors are available
Frequently asked questions
Answers drawn from the published record on this page.
Does Pera Card require KYC?
Our record lists the Pera Card verification requirement as: Full KYC. Document and review details are in the KYC section of this page.
Does Pera Card support Apple Pay and Google Pay?
Apple Pay: Not supported. Google Pay: Not supported.
Which assets can I top up Pera Card with?
Our record lists Pera Card support for: USDC.
Is Pera Card a virtual or a physical card?
Pera Card is offered as: Virtual card.
Where is Pera Card available?
Our record lists 12 countries or regions as available and 4 as restricted. Country-by-country status is in the regions section of this page.
Who issues Pera Card?
Pera Card is operated by Pera Wallet / Pera Card on the Mastercard network.