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Blockchain & Crypto

Coinbase users will soon be able to pay for NFTs with Mastercard

That will ensure NFTs can be for everyone

mastercard

Coinbase users will soon be able to pay for NFTs with Mastercard. Source: mastercard.com

Mastercard has partnered with Coinbase to let people use their Mastercard cards to make purchases on Coinbase’s upcoming NFT marketplace.

Nowadays, if someone wants to buy an NFT, they first need to open a crypto wallet, buy crypto, then use it to purchase an NFT in an online marketplace.

Cryptocurrency enthusiasts are used to this process but for most people, it’s not simple, it’s not intuitive.

Expanding the audience for NFTs allows this burgeoning market to support more creators and could spark the next evolution of digital commerce.

Getting more people involved safely and securely is perhaps the best way to help the NFT market thrive. As it does, Mastercard sees even greater potential for NFTs’ underlying tech to go beyond art and collectibles into many more areas
Mastercard

We’ve reported that Amazon changed plans regarding Visa credit card ban.

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Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.