- Sydney-based startup Hana Wallet has launched its Web3 Debit Mastercard, a non-custodial prepaid crypto card that allows users to spend crypto at any location where Mastercard is accepted.
- The card, issued in partnership with Immersve, a principal member of the Mastercard network, integrates with Apple Pay and Google Pay and enables users to instantly convert and spend assets like Bitcoin and Ethereum.
- The platform’s core non-custodial model ensures that the company never holds user funds, providing customers with direct ownership and control over their assets while also offering a privacy-first policy.
Sydney-founded crypto startup, Hana Wallet, has officially launched its virtual prepaid crypto card, the Hana Web3 Debit Mastercard, a non-custodial alternative to spend and manage crypto and digital assets with full ownership.
The application was founded by Australian entrepreneur Mark “MJ” Jones in 2022, after nearly a decade of security-focused development informed by Jones’ background in network security at Westpac.
“We built Hana for people who care about ownership, privacy, and ease of use. This is crypto you can actually use – no exchanges, no banks, no tutorials required,” said MJ in a press release.
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Tested by a global user base, the platform’s core model ensures the company never holds user funds, giving customers direct control over their assets.
Through a partnership with Immersve, a principal member of the Mastercard network, Hana Wallet will be issuing the virtual Mastercard, and users can add it to Apple Pay or Google Pay within minutes.
The card allows users to spend Bitcoin, Ethereum, and thousands of other supported tokens anywhere (as long as Mastercard is accepted) with additional blockchain integrations expected this year.
How It Works
The wallet integrates directly with on-chain activity, enabling top-ups without exchange accounts. It also works as a full-featured crypto wallet, connecting to more than 170 dApps across 30 blockchains.
Users can manage NFTs, including native SUI NFTs, claim airdrops, earn yield on supported assets, and perform cross-chain swaps directly in-app.
Doubling down on one of Web3’s key principles, Hana Wallet puts heavy focus on ownership and privacy. Though there’s a KYC process, it maintains a privacy-first policy with no data reselling.
Hana Wallet is basically targeting users who want a mobile-first, globally usable solution for integrating crypto into daily transactions, but also giving Web3 enthusiasts a lot of features to explore, including DeFi accessibility.
Related: Australia’s SMSFs Embrace Crypto as OKX Launches Dedicated Platform
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