hi and Polygon announce a new partnership.

Customers can now create a unique, web3-focused NFT debit card using a platform that has been launched by Polygon Blockchain in collaboration with the neo-banking app hi and Mastercard.

Owners of the NFT Debit Mastercard can use fiat money or cryptocurrencies to make purchases at 90 million shops globally. Additionally, users are free to print any personal NFT for their debit card cover without incurring additional fuel costs. In its effort to represent gasless fees for NFTs, Polygon made the deal as its most recent strategic move.

Sean Rach, a co-founder of Hi, said in a statement that the business is excited to partner with Polygon since they are "pioneers in the field." The NFTs, according to Rach, will appear "amazing" on the cards, and the company is excited to welcome Polygon NFTs' owners to the hi community.

Holders must first select a debit card from one of four tiers—silver, gold, platinum, or diamond—in order to utilize their NFTs on the cards. The user must stake 10,000 $HI tokens, which are currently trading at about $0.022, to reach the lowest tier. Benefits on each card include free lifestyle subscriptions, earn boosters, and spend incentives.

"The team at Polygon are true blockchain pioneers, we are delighted to be partnering with them to explore new frontiers of Web3, particularly in the banking and payments space," said Sean Rach. He further added, “Polygon NFTs are going to look just awesome on our cards, we can't wait to welcome holders of wallets on the Polygon network to the hi community.”

If a user doesn't already have an NFT to put on the card, they can mint one for free from the hi bank. Hi's creator program, which enables it simple to mint an image into an NFT on the Polygon blockchain, will also be useful to users.

Neobank Hi's partnership with Polygon is significant for the Web3 industry and exemplifies how the Polygon team still collaborates with top companies and organizations. NFT Drops Calendar will monitor any new information regarding the story.