- Debit card users will be able to use crypto or fiat payments at 90 million merchants worldwide.
- Hi and Mastercard collaborated together in September.
Polygon blockchain has collaborated with neobanking app hi and Mastercard to launch a platform that enables customers to generate customized, web3-focused NFT debit cards.
Debit card users will be able to use crypto or fiat payments at 90 million merchants worldwide. Holders of NFT Debit Mastercards will also be able to personalize their cards without spending money on gas with any Polygon-based NFT.
COMPLETE FREEDOM TO #WEB3 CREATORS
Polygon is proud to collaborate with @hi_com_official to allow users to easily generate an NFT, using their favorite image, to customize a Debit @Mastercard.
The best part? It’s a gasless minting experience.
https://t.co/cquiKKb7L8 pic.twitter.com/RTDC2JDMEB
— Polygon Studios (@PolygonStudios) December 19, 2022
NFT Debit Mastercard Is Available in Four Options
hi is a neobanking platform that accepts crypto and fiat transactions and offers savings, investments, payments, and lifestyle advantages. The Polygon blockchain is the basis of the Starbucks NFT loyalty rewards beta. Also underpins new blockchain gaming features from Solana’s biggest NFT marketplace, Magic Eden.
Sean Rach, Co-founder of hi stated:
“Not only do the NFT cards look amazing, this is a great way for people to show which online community they belong to, but in the real world”.
As per the announcement, customers must download the hi app, create an account, and select a card level of Silver or higher. After that, they will be able to design unique cards utilizing NFTs based on polygons. Who use this service are eligible for discounts on up to 20 digital subscriptions, travel benefits, and 10% Spend Rewards.
In September, Mastercard and Hi collaborated to create customizable NFT debit cards. As a result of a January partnership between Mastercard and Coinbase, users of the company’s debit and credit card services can now purchase NFTs.
