Crypto can now be accepted for online purchases wherever Mastercard is accepted — at least for users in Australia and New Zealand. Web3 tech innovator Immersve has partnered with Mastercard to enable consumers in the two countries to spend crypto using the Mastercard network.

Users will click on the Immersve button from their web3 wallet to access the functionality and sign the transaction with their private key to approve it, the company said in the release.

The tech company uses decentralized protocols to enable the transactions, which means users remain in control of their digital assets. It will use a third-party settlement provider, and customers will use USDC for all purchases — which will then be converted to fiat and settled on the Mastercard network.