On September 26th, Hi – the cryptocurrency and fiat financial app – unveiled its latest project: a debit card with customizable NFT avatars. They are based on Mastercard and can be used for spending at over 90 million accepting establishments around the world.
Sean Rach, Co-founder of hi, said:
“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,” he adds, “The flexibility to spend fiat, stablecoins or other crypto, combined with attractive financial and lifestyle rewards, makes us confident that our card is a game-changer in the market.”
Crypto has been accepted around the world, says Christian Rau, Senior Vice President, Crypto and Fintech Enablement at Mastercard. However, some crypto holders need to convert it before using it.
He continues that they are pleased to collaborate with hi to promote market innovation and enable these personalized cards while maintaining the level of safety and security you would expect from Mastercard.
hi’s Debit Mastercard
Depending on your membership level, there are six different versions of the debit card with additional privileges. Staking a hi token is required to become a member, and the minimum stake is less than 10 euros.
Spend fiat, stablecoins, and other cryptocurrencies globally at any Mastercard merchant location and get 1–10% back on your purchases. You may also get a rebate on up to 20 digital subscriptions.
Additionally, get the best prices guaranteed at partner 5-star hotels worldwide and additional benefits by instantly funding your card through SEPA or FPS with Euros or British Pounds using a high personal IBAN.
For Gold members and above, NFT customization allows you to customize the card face with an NFT avatar that you can prove you own, provided that it complies with Mastercard’s card design guidelines.
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