Holders of the hi NFT Debit Mastercard can purchase with cash or cryptocurrency at 90 million stores worldwide. Additionally, users can deposit all personal NFT collections to fund their debit card without additional fuel charges.
hi, a Web3 neo-banking platform, and Mastercard have announced a collaboration with Polygon Blockchain. The companies work together to provide users with freedom of expression and invention. Polygon wallet users can now create personalized NFT debit cards to spend fiat money or cryptocurrency at over 90 million merchants worldwide.
The platform will provide users with access to a state-of-the-art cryptocurrency exchange and mobile banking application for savings, investment and payments, allowing them to make the most of the blockchain innovation without unnecessary complications and jargon. Hi serves as a gateway to Web3 for users to access their wealth, social networking, entertainment and retail services in the real world and the metaverse.
Polygon users must download the hi app, create an account, and upgrade to a Silver card level or higher to receive the unique card. Embossed NFTs on Polygon can then be used by users to customize their maps. The site offers free typing to participants, which means that customers do not have to pay gas costs. By simply uploading selected images from their computer, customers can create NFTs. In addition to this exclusive bonus, hi and Mastercard members also receive travel rewards, refunds of up to 20 digital subscriptions and spending rewards of up to 10%.
“The Polygon team are true blockchain pioneers and we’re excited to work with them to explore new frontiers for Web3, especially in banking and payments,” said co-founder Sean Rach.
Since December 2022, the number of NFT transactions on Polygon has increased by 1,648%. Polygon will outperform other players in the market if these partnerships continue.
Polygonal partnerships
Big brands are leveraging web3 with Polygon, an Ethereum sidechain scaling solution. These collaborations are the latest strategic step for Polygon in its quest to become the market leader in gasless fees for NFTs.
As one of the world’s leading blockchain service providers, Polygon has already worked with over ten leading companies. Non-fungible tokens have been introduced by companies in the sports, fashion, technology and financial sectors.
These collaborations will allow Polygon, one of the most creative companies in this space, to reach a much wider audience than just the crypto space. In due course, Web3 will go global when Polygon reaches the mainstream.