Paying by posting Instagram stories is now possible: New credit card introduced

12PUNTO FOREIGN NEWS

The 'On the House' credit card collaborates with a wide range of businesses, from Michelin-starred restaurants to entertainment venues. OTH cardholders can make payments at these businesses using their social media accounts. This system allows users to benefit from various services simply by posting Instagram stories.

However, certain criteria must be met to obtain this card. Content creators are expected to have a public social media profile and achieve high engagement rates. Additionally, posting content regularly on a daily basis is among the requirements.

SOCIAL MEDIA INFLUENCER INTRODUCING THE CARD ATTRACTS ATTENTION

Social media influencer Aliyah Jasmine Wan, who has 83 thousand followers, shared a video demonstrating the use of the OTH card.

In the video, Wan stated that she uses her card for transactions such as buying flowers and visiting restaurants and salons, noting that her weekly spending limit is 4 thousand dollars.

Wan emphasized the card's advantages by saying, 'You can live your life with this card, without spending a single penny.'

Highlighting the benefits the application provides to businesses in her discussions with them, Wan stated that this business model is mutually beneficial for both parties.

WHAT IS THE APPLICATION PROCESS?

Users' spending limits vary based on their follower counts. While a content creator with low engagement has a limit of 1 thousand dollars, those with high engagement can reach up to 4 thousand dollars.

Wan added that during the application process, only social media accounts and follower counts are requested, and no bank information is required.

This innovative application represents a new form of commerce in the social media world and offers significant opportunities for content creators.