Weld Money Integrates HAI – Hacken Token will Become a Payment Instrument
Weld Money payment system is integrating the Hacken token (HAI). Hacken community will be able to use HAI to pay for goods and services via a weld card. This integration is the result of the interaction between Hacken & Weld teams under the framework of a partnership signed in September 2021.
“One of the elements of the Hacken Strategy for 2022 is delivering greater value to the community through HAI. By paying for traditional goods and services in HAI, users will feel that they own real assets. This integration will strengthen ties between Hacken and our community.”Conventionally, users had to swap their virtual assets to fiat for everyday payments. Even in the jurisdictions where major steps have been made towards the mass adoption of virtual assets, merchants do not accept payments in cryptocurrencies. The mass adoption of any virtual asset takes place only when its functionality meets all financial needs of users.
The benefits you get
When you pay in HAI, you will get up to 9% cash back for every payment. The weld card will have a unique design. The weld card tariffs will be minimal, the issuance will be free with no monthly fees. To learn more about the Weld card, please visit: https://weld.money/card.Payment mechanism
The Weld card will be virtual, and it will allow you to pay in HAI using Google Pay or Apple Pay. HAI holders will not be able to use other tokens with their Weld cards. The payments in HAI will not put any downside pressure on the HAI price since Hacken will buy back all HAI received by Weld Money with stablecoins. You will be able to pay with a weld card using HAI tokens stored in your HackenAI wallet. You will need to add your HackenAI wallet address to your weld wallet.HAI payments using weld cards will become available in the next few months. And all HAI holders will be informed about it.
What can you buy for HAI?
You can pay in HAI for any merchandise you want anywhere in the world if the vendor accepts payments made using VISA banking cards. So, be it a cup of tea, petrol for a car, or a silverware set, you can pay for it in HAI. This partnership between the two projects is a big step towards a global adoption of cryptocurrencies, which will nullify all arguments of skeptics who say that you cannot buy anything for crypto. Hacken will keep you informed about its future initiatives with Weld Money, so stay tuned!About Weld Money
The company develops issuers of fiat cards that bond to cryptocurrencies and wallets which store digital assets. The startup was founded by Oleksiy Meretsky, Oleksiy Bobok, and Iryna Lorens. Weld Money became the first cryptocurrency card service in Eastern Europe to sign a card issuance agreement with banks and regulators. WELD Money is on a mission to bridge the two extreme worlds of crypto and traditional financial systems. The WELD community can get a seamless payment solution system with several functions of the standard crypto wallets but with an added advantage. WELD Money allows the users to use crypto for daily transactions like paying for coffee, gas, groceries, etc.
