Crypto app and Mastercard launch first NFT card
Mastercard and the crypto app 'hi' launched the first NFT customisable debit cards. With the launch of customisable debit cards, users can personalise their cards' with the NFT avatars they own.
Crypto app and Mastercard partnership
On September 25, in a hi blog post, the crypto and fiat app 'hi' announced a new partnership with Mastercard to launch customisable debit cards, allowing users to design their cards with NFT avatars.
With this new partnership, users can now add popular NFT avatars to their cards, such as CryptoPunks, Apes, Goblins, or any other they own, as long as it meets Mastercard design standards.
The new hi debit card will enable crypto enthusiasts to spend fiat and digital assets, such as $Hi, $BTC, $ETH, and $USDT, at over 90 million locations worldwide that accept Mastercard crypto payments.
It will also allow users to spend money from their IBAN accounts in various fiat currencies and cryptocurrencies. Users will receive crypto rewards when making online purchases and will have access to several digital subscriptions, travel benefits like hotel discounts, and more.
Furthermore, it will allow members in the United Kingdom and Europe to deposit their paychecks directly into the card via their banks and split fiat in their preferred cryptocurrency.
The card will operate on the buy-now-convert-later functionality, eliminating the need to convert digital assets into fiat currency. Thanks to the implemented functionality, customers won't miss out on any potential returns from the cryptocurrency market.
How to get your exclusive NFT debit card?
The NFT customisable debit cards are exclusive for hi members only. The crypto app 'hi' released the steps to join the waitlist to get the exclusive NFT debit card.
Users can head over to the card page in the hi mobile app. They will be required to choose a card tier, each offering different benefits.
To access the NFT card benefits, the user must purchase and stake their native token, HI. To gain access to the benefits, users must stake at least 100 HI tokens or 10 EUR and fulfil the platform's know your customer (KYC) requirements.
Author: Priya Kumari
Priya is a passionate content writer and the co-founder of Finendorse. She is an enthusiastic crypto investor and has a huge interest in the upcoming digitisation age.