Coinbase partners with Mastercard for NFT marketplace purchases

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....


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Mastercard to allow 2.9B cardholders to make direct NFT purchases

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,....