Mastercard has announced new crypto partners for its NFT payments service, including The Sandbox and Mintable.
, an executive vice president at the company, said it had partnered with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and MoonPay to enable NFT commerce.
“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’ marketplaces or using their crypto services,” he said. “With 2.9 billion Mastercard cards worldwide, this change could have a big impact on the NFT ecosystem.”
As things stand, the process of purchasing an NFT from a marketplace like OpenSea typically involves loading a crypto wallet with funds and paying in a token, such as ETH or SOL. But that is starting to change.
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