Introducing hi Debit Cards
We are proud to announce a strategic partnership with Contis, a leading Banking-as-a-Service (BaaS) provider in Europe. The partnership with Contis means that later this year, eligible hi members will be able to seamlessly spend their digital assets at over 60 million merchants, using a hi Debit Card.
Contis, the most comprehensive banking-as-a-service platform, already partners with some of the world’s largest cryptocurrency and blockchain companies.
However, unlike card products offered by existing players, and with unique technology provided by Contis, hi will not only remove the need to liquidate assets before spending but also allow for any digital assets a user has in their hi account to be converted automatically to fiat at point-of-sale.
Furthermore, the solution will also come with Buy Now, Pay Later (BNPL) functionality that allows members to decide on exactly when their digital assets get converted.
Personal IBAN Accounts
Supporting hi’s mission to build the world’s most user-friendly and functional crypto and fiat platform, this partnership will not only enable hi’s 3.5 million strong community to use cryptocurrencies to make payments using the hi Debit Card, but also provide eligible members with their personal IBAN accounts for seamless on/off-ramps.
We look forward to updating you with more information as it becomes available.