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Simple NFT purchasing: Mastercard brings payments network to NFTs

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We believe that the NFT purchasing process should be easier and safer.

That way, customers can get what they want with less stress and uncertainty. For NFT creators, these changes will expand the potential customer base to millions more people worldwide.

We have continued to innovate over the past year to deliver these improvements. As part of this work, we would like to inform you that we are working to enable NFT commerce. immutable X, candy digital, sandbox, mintable, spring, nifty gateway, and Web3 infrastructure providers MoonPay.

We are working with these companies to enable people to use their Mastercard cards to purchase NFTs. With 2.9 billion Mastercard cards worldwide, this change could have a significant impact on his NFT ecosystem.

Purchase the NFTs you need in your chosen marketplace. No need to buy crypto first.

These NFT Marketplaces represent the vast breadth of the fast-growing NFT space, from art to sports, video games, collectibles and metaverse platforms, with over $25 billion in revenue in 2021. These marketplaces also host sales of well-known NFT companies.

With the help of these companies, Mastercard’s growing adoption of Web3, a new version of the internet based on blockchain, adds to existing efforts. Bringing our payment network On Coinbase’s new NFT Marketplace, which opened to all Coinbase users in May. Overall, these integrations are designed to: cipher It will be more accessible and help the NFT ecosystem continue to grow, innovate and gain more fans.

And that’s exactly what people want.a new mastercard survey Of more than 35,000 people in 40 countries, 45% said they have purchased or would consider buying an NFT, and nearly half wanted more flexibility. pay with crypto Can be used for everyday purchases or NFT purchases using a credit or debit card.

We also apply a full suite of features to enhance your safety by providing the same protection you receive when using your Mastercard card to transact in stores or online.

We use our cybersecurity tools to increase safety and protect user data for purchases made using Mastercard cards.

These latest efforts are aimed at building on the enormous potential of the NFT market, increasing consumer payment options and expanding the NFT community. We look forward to continuing to work with all of these companies to make this market even more welcoming, accessible and easy.

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