Coinbase partners with Mastercard for NFT marketplace purchases
The agreement is aimed at allowing non-crypto natives to get into NFTs without using a wallet and first buying Ether or other tokens. Credit card company Mastercard has announced users for Coinbase’s upcoming nonfungible token marketplace will be able to use their cards to make purchases as part of a new partnership.In a Tuesday blog post, Mastercard executive vice president of digital asset and blockchain products Raj Dhamodharan said under the agreement, NFTs would be considered “digital goods” and able to be purchased using a credit card. The measure is aimed at allowing non-crypto....
Related News
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace.
Mastercard Partners With Coinbase
Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it easier for everyone to buy NFTs,” elaborating:
We’re excited to announce today that we’re partnering with Coinbase to let....
The metaverse might be the next best thing for payment providers and credit card firms like MasterCard. Coinbase is adding another heavy-hitting name to it’s list of partners across the crypto exchange’s umbrella, and will look to leverage MasterCard’s resources to reduce friction in the onboarding and fiat onramping process for consumers. What seems like […]
Users of the popular bitcoin tipping service ChangeTip can now top up their accounts via purchases with Visa and MasterCard credit cards. With the addition of the new payment option, ChangeTip users can add to their tipping wallet via credit card, bitcoin or a direct ACH transaction. Purchases can be made with any card running on the Visa or MasterCard network, however, American Express and Discover are not available. Additional bank fees apply for purchases. ChangeTip head of community Victoria van Eyk indicated that, while users could previously use credit cards to make bitcoin purchases....
San Francisco-based Coinbase today announced a partnership with Fiverr, the world's largest services marketplace in effort to accept bitcoin. Launched in February 2010, Fiverr allows users to offer services or tasks starting at $5 (hence the name). Services and tasks can go all the way up to $500 on the platform. "Fiverr is one of many merchants that have embraced the power of bitcoin to not only provide frictionless transactions, but also reduce transaction fees which usually amount to 3%," says Coinbase. "And in doing so, Fiverr is also opening itself up to new, first-time customers who....
Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January. International payment processing giant Mastercard is expanding its payment network for nonfungible token (NFT) markets and Web3.The financial service provider announced that it has been working on expanding their payment networks to NFTs over the past year. The firm has partnered with a number of leading NFT marketplaces to allow 2.9 billion cardholders to directly make NFT purchases without buying crypto first.Currently, users need to buy crypto to bid on and buy NFTs. However,....