Mastercard has allowed some customers to customize debit cards with images of their NFTs. The issuance of such cards was made possible thanks to an agreement signed with the European cryptocurrency exchange platform “hi,” which allows its “gold” members to personalize their debit cards using NFT.
Gold membership on the platform can be obtained by staking a HI token worth at least $100,000. According to CoinGecko, HI is trading at around $4,600.
With the help of customized cards, the client can store and spend not only fiat but also stablecoins, as well as any cryptocurrency. Other benefits of owning a card include discounts on Netflix and Spotify subscriptions, cashback, and more.
Christian Roh, Mastercard’s vice president of cryptocurrencies and fintech, said he is committed to making NFTs and cryptocurrencies as accessible as possible as the company sees growing consumer interest.
Mastercard has brought crypto payments to the masses with its support for digital assets, even making it possible for Mastercard holders to buy NFTs through a partnership with several NFT marketplaces in June.
Customers can use CryptoPunk, Moonbirds, goblin town, Bored Ape, and Azuki on the new cards. Owners of these collections must become gold hi members and prove their NFT ownership.
Currently, the cards are only available in 25 European Economic Area (EEA) countries and the UK.
Despite the cryptocurrency market downturn, extensive NFT collections are going through a renaissance. Blue-chip NFT numbers are steadily rising, according to NFTGo data.
