Payments giant Mastercard this week announced its cardholders can now purchase NFTs without crypto. The move comes as an effort to make the process of buying NFTs easier and safer. To facilitate this, the company has partnered with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and MoonPay. So, what exactly does Mastercard’s latest initiative mean for the NFT industry?
About Buying NFTs With Mastercard
Mastercard has partnered with several NFT marketplaces to allow its cardholders to directly buy NFTs. The current partners include Web3 infrastructure provider, MoonPay; Immutable X, Candy Digital, The Sandbox, Mintable, Spring, and Nifty Gateway. With this, users can buy NFTs from a marketplace of their choice, without buying crypto first.
“We’re working with these companies to allow people to use their Mastercard cards for NFTs purchases, whether that’s on one of these companies’…
