Mastercard Becomes a Partner of 7 Major NFT Marketplaces

Mastercard Becomes a Partner of 7 Major NFT Marketplaces

Payments giant Mastercard is taking a share of NFT sales. To do so, they’ve signed partnerships with a host of top marketplaces: Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and MoonPay.

“We’ll be partnering with them so that people can buy NFTs through their Mastercard. With 2.9 billion Mastercard cards in the world, this will have a significant impact on the NFT ecosystem,” the company wrote in its blog.

Until recently, you could only buy art tokens for cryptocurrencies. First you had to top up your digital wallet with ETH or SOL tokens, and then go to the marketplace and make the transaction. But now card providers have begun to understand the profits of the NFT marketplace. And are actively introducing convenient services.

Mastercard recently partnered with Coinbase on the NFT marketplace. The idea is the same – to give fans the ability to buy art tokens without crypto.

Mastercard recently conducted a survey among its 35,000 customers in 40 countries. Nearly half (45%) responded that they plan to buy NFTs. At the same time, many respondents want such purchases to become more convenient.

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