Hi, a cryptocurrency and fiat financial app, debuted a hi Debit Card today featuring customized NFT avatars in partnership with Mastercard. Gold Member Cardholders can now get their NFTs printed on their hi debit cards.
New developments are taking place in the financial sector as Mastercard and Visa compete in a race toward Web3 and crypto expansion. Both companies have been taking initiatives that accommodate their crypto enthusiastic users.
Mastercard has over 90 million merchants around the world that accept its debit card as a payment method. To benefit from this facility and many others, hi decided to launch an exclusive debit card solely for NFT holders and crypto enthusiasts.
People can use hi Card to make payments in $Hi, $BTC, $ETH, $USDT, and more directly. This is a convenient way for crypto collectors to spend cryptocurrency for physical products as long as they are a Mastercard partner merchant.
Get a customized hi Debit Card with your NFT avatar
hi app allows users to print their NFT avatars on their debit cards, expanding the utility of owning a digital asset. The hi Debit Card consists of six variants with benefits depending on the type of Membership tier the cardholder has subscribed to.
The Membership can be bought by staking $hi tokens and spending a minimum of 10 Euros using the hi debit card. The hi Debit Card features:
- Spend fiat currency, stablecoins, and other crypto tokens at any Mastercard merchant
- Gold members can personalize the card with an NFT avatar that they own on a blockchain, and it must meet the design standards set by Mastercard.
The debit card is only available for hi members in 25+ EEA countries and the UK. When requesting a customized NFT card, the holder should be a Gold Member and also own a verified NFT.