New partnership with hi enables spend with SAND, using the hi Debit Card
We are pleased to announce that hi, the Web 3 Neo-Banking App have officially announced a collaboration with The Sandbox. It will allow users to spend the native token SAND in-store and online using the hi Debit Card.
Providing a community of millions with a new way to spend SAND, hi is enabling cardholders to transact with SAND at a selection of merchants in-store and online using the hi Debit Mastercard. This is the first-of-its-kind NFT Customizable Card, launched by hi and Mastercard. Read the full announcement here
Sebastien Borget, Co-Founder and COO of The Sandbox, said: “We’re thrilled to collaborate with hi to enable our existing community of Creators to further explore the utility of SAND tokens,, while also attracting hi customers to the creative possibilities of the open metaverse. We look forward to introducing them to true digital ownership through NFTs, starting with Avatars, the most comprehensible use-case for their online digital identity“
Inviting all members of The Sandbox community in eligible markets in the EEA to join hi and apply for the Card, the two companies are commemorating the launch by giving away 100 The Sandbox Avatars NFTs to the first 100 cardholders that spend the equivalent of EUR 1,000 in SAND using the hi Debit Card.
With every transaction using SAND, holders in Europe can earn Spend Rewards of up to 5% as well as up to 8 digital subscriptions and travel benefits.
Sean Rach, Co-Founder of hi, said: “The team at The Sandbox are true innovators, and we are delighted to be partnering with them. Enabling spending with SAND gives our users even more utility, and, we can’t wait to welcome SAND holders to the hi community.”
The hi Crypto & Fiat Debit Mastercard is the first-of-its-kind Card program to allow NFT avatar customization on the Card and enable members to spend their digital and fiat assets at over 90 million Mastercard merchants worldwide. Packed with innovative functionality including Buy-Now-Convert-Later technology and convenient EUR and GBP top-ups via a personal IBAN, the Card allows members to earn crypto rewards while they spend as well as a number of pick-and-mix digital subscriptions and travel perks, based on their membership tier.
For more information, head to hi.com/products/debit-card or read the full announcement by Mastercard here