Mastercard has launched customizable NFT debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment card.
The debit cards are made available through a Monday partnership with the European cryptocurrency exchange platform hi, allowing its Gold members to personalize their debit cards with an NFT they verifiably own.
Gold membership with the platform is obtained by staking a minimum of 100,000 hi Dollar’s (HI), the platform’s native token, a sum worth around $4,600.
The cards will allow spending in fiat, stablecoins or any cryptocurrency the user holds and is accepted wherever Mastercard is available. Other features such as hotel credits, cash back incentives and rebates on Netflix and Spotify subscriptions are also touted as benefits of certain membership levels.