Polygon joins forces with the Neo Banking app hi and Mastercard to launch NFT platform

Polygon, a blockchain company, has teamed up with the Neo Banking app hi and Mastercard to launch a platform that enables users to create personalized NFT debit cards through the hi app.

The NFT Debit Mastercard allows users to spend either crypto or fiat currencies at 90 million global merchants and lets them mint personal NFTs for the cover of their debit card with no gas fees.

To qualify for the service, users must download the hi app, open an account, and choose a Silver card level or higher.

After this, they can create custom cards using Polygon-based NFTs and receive savings on up to 20 digital subscriptions, travel benefits, and Spend Rewards of up to 10%.

Mastercard initially collaborated with hi in September to introduce customizable NFT debit cards and in January, partnered with Coinbase to allow users of its debit and credit card service to purchase NFTs from exclusive collections.