Hana Wallet launches Web3 Debit Mastercard with USD $5 bonus
Hana Wallet, an Australian-founded startup, has launched early access to its mobile-first, non-custodial crypto card designed for Australian users.
Developed by Sydney entrepreneur Mark "MJ" Jones, Hana Wallet introduces the Hana Web3 Debit Mastercard, enabling users to spend cryptocurrencies like Bitcoin, Ethereum, and Stellar directly from their phones in Australian dollars. The card integrates with Apple Pay and Google Pay, allowing users to pay in store or online anywhere Mastercard is accepted.
Non-custodial approach
Hana Wallet's approach distinguishes itself by maintaining a non-custodial structure, meaning users retain sole ownership and control over their crypto assets without involving exchanges or third-party custodians. The wallet supports instant conversion of cryptocurrencies to fiat currency for real-world spending, and the virtual card can be set up within minutes using a mobile device.
Speaking about the launch, founder MJ emphasised a focus on privacy and user control. He said, "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."
The non-custodial design ensures that Hana Wallet does not have access to user funds at any time. There are no lock-ins or hidden fees for users, and the platform highlights a privacy-first approach, including robust know-your-customer (KYC) procedures without data selling.
Integration and features
Immersve, a principal member of the Mastercard network, issues the Hana Wallet Mastercard. Immersve's platform supports both traditional and decentralised payment models, enabling digital wallets and decentralised applications (dApps) to provide compliant real-world spending options. Hana's Mastercard solution works across several major blockchains, including Ethereum, SUI, Stellar, and ICON, with additional support for networks such as Bitcoin and Solana planned for the future.
The app also provides support for more than 170 dApps across over 30 blockchains, NFT support, in-app cross-chain token swaps, yield earning options on supported assets, and access to airdrop rewards. Users can connect their wallets to a wide array of decentralised applications, manage NFTs natively - including SUI NFTs - and spend crypto with their Mastercard instantly after topping up within the app.
Market context
Since its founding in 2022, Hana Wallet has undergone global user testing. MJ, who spent nearly a decade in network security at Westpac, explained the philosophy behind Hana's development. "We built Hana for people who care about ownership, privacy, and ease of use," he said. "This is crypto you can actually use - no exchanges, no banks, no tutorials required."
The wallet's product design is intended to make digital asset management accessible for everyday users, reflecting lessons MJ gained from his previous experience in the finance sector.
Awards and recognition
Hana Wallet has recently been shortlisted as a finalist for the Stellar i3 Awards 2025, an industry accolade recognising progress and adoption in the decentralised finance space. The company will be honoured at an upcoming event in Rio de Janeiro.
Hana's founder MJ has also offered insight into the potential for traditional finance (TradFi) and decentralised finance (DeFi) to work together, leveraging his background in both sectors.
User access and promotion
Australians interested in using the Hana Web3 Debit Mastercard can sign up for early access through the Hana Wallet app. Users are able to obtain a virtual pre-paid card in two to three minutes, top up their card using crypto from their wallet, and add it to either Apple Pay or Google Pay for immediate tap-and-pay functionality wherever Mastercard is accepted.
To mark its launch, Hana Wallet is offering a USD $5 credit to new users to cover their first transaction made using the card.
