- Hi and Mastercard collaborate to offer NFT-avatar customized debit cards.
- Senior Vice President of Mastercard says that they are committed to making payment accessible to the interested.
- Membership could be obtained by staking Hi tokens.
Crypto and financial app, Hi in collaboration with Mastercard, a global technology company in the payments industry, announced the launch of the NFT-avatar customizable debit card.
Sean Rach, co-founder of Hi took to Twitter to explain how the collaboration is a game changer as it enables customers to spend cryptocurrencies while winning financial and lifestyle rewards.
The World’s First NFT Customizable Crypto & Fiat Debit Card, brought to you by hi and @Mastercard
— hi | Web 3 Neo-Banking (@hi_com_official) September 27, 2022
As per the news published on Mastercard’s website, gold card holders or above are eligible to have the NFT that they verifiably own on the card, given that it aligns with all Mastercard’s card design standards.
Christian Rau, Senior Vice President, Crypto and Fintech Enablement at Mastercard elaborated on how this venture with Hi would help them stay committed to their customer.
As consumer interest in crypto and NFTs continues to grow, we are committed to making them an accessible payments choice for the communities who wish to use them.
He further added that they are proud to be working with Hi since it empowers them to drive innovation and enables the customization of cards with safety and security.
Furthermore, Hi will support a range of NFT collections of Moon birds, Goblins, Bored Apes, Azukis, and CryptoPunks to be customized on gold card holders and other members above the gold standard as per Mastercard’s criteria. Subsequently, Hi debit cards will be available to members in the 25+ EEA countries along with the UK.
The Hi debit card which is available in six different variants comes attached with its own set of benefits which depends on the membership tier. Additionally, cardholders will be able to use their cards in 90 million locations worldwide. Memberships could be obtained by staking Hi tokens which are less than 10 euros.