Mastercard Announces New Partnerships for NFT Service

Mastercard: Payments giant Mastercard has partnered with leading NFT startups such as Immutable X, The Sandbox, Nifty Gateway to enable card-to-card NFT transactions.

Mastercard announced its plans to expand into the NFT space in a recent blog post. Accordingly, the company said it has partnered with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and MoonPay to enable NFT trading. The article in question included the following statements:

“We are working with these companies to allow people to use their Mastercard cards for NFT purchases, whether in one of these companies’ markets or using their crypto services. (…) With 2.9 billion Mastercard cards worldwide, this change could have a huge impact on the NFT ecosystem.”

The article also included data from a survey conducted by the company. Accordingly, 45% of respondents have purchased or are considering purchasing an NFT; about half want more flexibility in payment methods.

Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing site 3 months ago.