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Bored Apes, Moonbirds appear on NFT-customized Mastercard debit cards

Mastercard has launched a customizable non-fungible token (NFT) debit card. This will allow some cardholders who own avatars from some of his NFT collections to add artwork to their cards for payment.

Debit cards will be available through a Sept. 26 partnership with European cryptocurrency exchange platform ‘hi’, whose ‘Gold’ members will be able to personalize their debit cards using NFTs they verifiably own .

A gold membership in the platform is earned by staking a minimum of 100,000 Hyderar (HI), the platform’s native token, for a total value of approximately $4,600, according to CoinGecko data.

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

While the sharp decline in the cryptocurrency market over the past few months has taken a price hit for most of the “good” NFT collections, data from NFTGo shows that the performance of good NFTs has grown steadily since September 12th. indicates that Largest collection.

Mastercard helped make cryptocurrency payments mainstream with asset support, allowing Mastercard holders to buy NFTs in June by partnering with multiple NFT marketplaces.