Home AI Polygon partners with hi and Mastercard on Web3 debit cards

Polygon partners with hi and Mastercard on Web3 debit cards

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Polygon partners with hi and Mastercard on Web3 debit cards

Source: news.google.com

NFT Debit Mastercard owners can make purchases at 90 million businesses worldwide using cash or cryptocurrency. Users can also mint any personal NFT collection for their debit card hedge at no additional cost for gas fees.

Hello, a Web3 Neo-Banking platform and Mastercard have announced a collaboration with Polygon Blockchain. The companies work together to give users the freedom of expression and invention. As a result, Polygon wallet users can now create personalized NFT debit cards that allow customers to spend fiat or cryptocurrency at more than 90 million merchant locations worldwide.

The platform will be able to provide users with access to a state-of-the-art cryptocurrency exchange and mobile banking app, for savings, investments, and payments, allowing them to fully enjoy blockchain innovation without unnecessary complications and jargon. Hi will serve as users’ gateway to Web3, allowing them to access its wealth, social networking, entertainment and retail services in the real world and the Metaverse.

Polygon users must download the hi app, register for an account, and choose a card tier of silver or higher to purchase the unique card. Users can use Polygon minted NFTs to personalize their cards. Notably, the site offers participants free minting, so customers are not required to pay gas fees. By simply uploading pre-selected images from their computers, customers can create NFTs. hi and Mastercard members will also earn travel incentives, cash back on up to 20 digital subscriptions and spending rewards of up to 10% on top of this exclusive bonus.

β€œThe Polygon team are true blockchain pioneers and we are excited to partner with them to explore new frontiers for Web3, particularly in the banking and payments space.” said hi co-founder Sean Rach.

Since December 2022 began, the number of NFT transactions on Polygon has increased by 1,648%. Polygon will outperform other market participants if such partnerships continue to exist.

polygon associations

Major brands are embracing web3 because of Polygon, an Ethereum sidechain scalability solution. The collaborations represent the latest strategic move by Polygon in its effort to become the market leader in non-gas rates for NFTs.

Polygon, one of the world’s leading blockchain service providers, has partnered with more than ten top-tier companies. Non-fungible tokens have been introduced through businesses in sports, fashion, technology, and finance.