mastercard launched customizable Non-Fungible Token (NFT) Some cardholders who own avatars from some NFT collections can add artwork to their cards for payment.
Debit cards are available until September 26th partnership European cryptocurrency exchange platform ‘hi’ will allow its ‘Gold’ members to personalize debit cards with NFTs they verifiably own
Gold membership of the platform is obtained by staking a minimum of 100,000 100,000 Heidaler (HI), the platform’s native token. coin gecko.
news!today @hi_com_official launches the world’s first debit card with NFT customization capabilities, allowing cardholders to personalize the card face with NFT avatars.Click here for details https://t.co/awNVowcsuG pic.twitter.com/A5xFsHlX0w
Mastercard Europe (@MastercardEU) September 26, 2022
The card allows spending in fiat currency, stablecoins, or any cryptocurrency held by the user and is accepted wherever Mastercard is accepted. Other features such as hotel credits, cash back incentives, Netflix and Spotify subscription rebates are also advertised as perks for certain membership levels.
Christian Rau, Mastercard’s VP of Crypto and Fintech Enablement, said consumer interest in NFTs and cryptocurrencies meant growing payment providers “will make them an accessible payment option for communities who want to use them.” We are committed to
A limited range of NFT collections are supported, including CryptoPunk, Moonbirds, goblintown, Bored Ape, and Azuki. The owner of these NFTs will need to become a gold member with hi and verify his NFT ownership on the platform to receive the custom card.
Additionally, the card can only be used within the 25 European Economic Area (EEA) countries and the UK.
Related: Innovation Drives NFT Adoption Despite Mainstream Existence: NFTGo Founder
The sharp drop in the cryptocurrency market over the past few months has seen most of the “good” NFT collections drop in price, but according to NFTGo data: Superior NFT performance It has been growing steadily since September 12th and could bring renewed interest to the largest collection.
master card Helped crypto payments go mainstream Asset support allows Mastercard holders to Ability to purchase NFTs By partnering with multiple NFT marketplaces in June.