BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

Mastercard Launches the First Debit Card with NFT Customization featuring Bored Apes and Moonbirds

by BlockNews Team
September 29, 2022
in BUSINESS, MEDIA, NFT
Reading Time: 3 mins read
A A
1
SHARES
14
VIEWS
Share on XShare in TelegramShare on Reddit

Mastercard debuted NFT-enabled debit cards that users can fully personalize. Cardholders who own NFT collections (supported by Mastercard) can add them to the card. Well-known collections such as Bored Ape, Goblintown, CryptoPunk, Moonbirds, and Azuki are supported in Mastercard.

While this is a neat new feature, only specific NFT avatars and art pieces approved by Mastercard will only be available. This verification allows the company to verify the owner and authenticity of the NFT.

The announcement came on September 26 with a partnership between Mastercard and the European cryptocurrency exchange platform, hi. The debit cards are available for premium Gold forum members who can customize their debit cards with an NFT they own.

Debit Cards and NFTs

To become a Gold member of hi, the person must stake 100,000 hi Dollars (HI). According to data from CoinGecko, that amount is worth roughly $4,600.

The cards can be used in any shop as long as Mastercard is accepted and can be used to spend fiat money, cryptocurrency or stablecoins. As perks, some membership levels also offer benefits like Netflix discounts, Spotify price slashes, cash back incentives, and hotel credits.

Christian Rau, Vice President of Crypto and Fintech Enablement at Mastercard, said that as interest in NFTs and crypto grows among buyers, the company is “committed to making them an accessible payment choice for the communities who wish to use them.”

Also, the cards are only available in 25 European Economic Area (EEA) countries and the UK.

NFT Still Going Hot Despite Lower Value

Most of the blue-chip collections lost value since the start of 2022 as crypto markets went down. However, NFTGo data shows that the performance of blue-chip NFTs has been slowly rising since September 12, which could bring new interested buyers into the market.

Mastercard’s support for crypto assets has helped bring them into the general audience and social media platforms. In June, the payment company partnered with several NFT marketplaces to make it possible for Mastercard holders to buy NFTs.

It seems as if large companies are also unfazed by the current state of the crypto market and the massive volume trading depression in NFT marketplaces. They see this period of fear as a significant opportunity to buy into the NFT industry and take advantage of it.

Brands including Nike, F1, Dolce & Gabbana, and UFC have been outspoken about their support and production of NFTs for a new breed of consumers. While the debate on non-fungible tokens as a fad or a valuable long-term asset is still ongoing, the interest in blockchain items is getting more attention from the mainstream crowd.

Other payment apps like PayPal and Maya already include Bitcoin wallets for faster transfers between crypto exchanges and digital fiat. Mastercard Europe announcing its support for NFT collections and allowing its users to customize their cards with the artworks they purchased provides a better opportunity for blockchain technology to expand to a larger market.

If the NFT inclusion for Mastercard Europe becomes successful, it will not be long until American, Asian and Oceanian branches follow.

Tags: BlockchainNFTNFTsWeb3
TweetShareShare
Previous Post

Ethereum Price Under Threat As Miners Dump ETH

Next Post

The American Government Plans to Ban Algorithmic Stable Coins for Two Years

DON'T MISS THESE! HOT OFF THE PRESS

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling
CRYPTO

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Coinbase Introduces ‘Coinbase Payments’ Bringing Gasless USDC Checkout to Shopify
BUSINESS

Coinbase Introduces ‘Coinbase Payments’ Bringing Gasless USDC Checkout to Shopify

June 18, 2025
Apple, Airbnb, and Google Eye Stablecoin Integration for Crypto Payments
BUSINESS

Apple, Airbnb, and Google Eye Stablecoin Integration for Crypto Payments

June 6, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?
CRYPTO

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
Solana Co-Founder’s Data Leaked in Failed Extortion Stunt
CRYPTO

Solana Co-Founder’s Data Leaked in Failed Extortion Stunt

May 28, 2025
FIFA Teams Up With Avalanche To Launch Its Own Blockchain—Here’s What It Means
CRYPTO

FIFA Teams Up With Avalanche To Launch Its Own Blockchain—Here’s What It Means

May 24, 2025
Load More

Related News

Pepe Coin’s Wild Rebound: Bull Trap or Breakout Brewing?

Pepe Coin’s Wild Rebound: Bull Trap or Breakout Brewing?

July 1, 2025
Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.