{"id":11487,"date":"2022-06-10T19:28:41","date_gmt":"2022-06-10T19:28:41","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/"},"modified":"2022-06-10T19:28:43","modified_gmt":"2022-06-10T19:28:43","slug":"mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/","title":{"rendered":"Mastercard to Enable Direct NFT Payment Options for Marketplace Operators"},"content":{"rendered":"<div>\n<figure class=\"image\"><figcaption>Source: AdobeStock \/ prima91<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>The payments giant <strong>Mastercard<\/strong><strong> <\/strong>says<strong> <\/strong>it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the \u201cgas-free\u201d marketplace <strong>Immutable X<\/strong>, <strong>Candy Digital<\/strong>, the metaverse gaming title <strong>The Sandbox<\/strong>, <strong>Mintable<\/strong>, <strong>Spring<\/strong>, the <strong>Nifty Gateway<\/strong>, and the Web 3 infrastructure provider <strong>MoonPay<\/strong>.<\/p>\n<p>The company made the announcement via a post on its website, which was authored by Raj Dhamodharan, the firm\u2019s Executive Vice President of Blockchain Digital Asset Products and Partnerships. Dhamodharan wrote that Mastercard was now \u201cworking with\u201d the aforementioned companies to \u201callow people to use their Mastercard cards for NFTs purchases, whether that\u2019s on one of these companies\u2019 marketplaces or using their crypto services.\u201d<\/p>\n<p>The move will effectively let anyone with a Mastercard buy NFTs from the marketplaces \u2013 rather than requiring them to first swap their fiat holdings for crypto.<\/p>\n<p>Mastercard pointed out that \u2013 as it claims there are some 2.9 billion Mastercard cards in circulation worldwide \u2013 the move would shake up the NFT market.<\/p>\n<p>The firm wrote:<\/p>\n<blockquote>\n<p>\u201cThis change could have a big impact on the NFT ecosystem. Buy the NFTs you want on the marketplace of your choice. No need to buy crypto first.\u201d<\/p>\n<\/blockquote>\n<p>Further, the payments giant added that \u201cwith the help of these companies,\u201d Mastercard would continue with its \u201cexpanding adoption of Web3.\u201d<\/p>\n<p>Dhamodharan noted that Mastercard has already taken its \u201cpayment network\u201d to the crypto exchange <strong>Coinbase<\/strong>\u2019s new NFT marketplace, which rolled out last month.<\/p>\n<p>He claimed that such \u201cintegrations\u201d were \u201cdesigned to make crypto more accessible and help the NFT ecosystem keep growing.\u201d<\/p>\n<p>Dhamodharan pointed at data from a survey conducted among Mastercard users (\u201c35,000 people in 40 countries\u201d), which found that 45% of customers \u201chad purchased an NFT or would consider doing so,\u201d with \u201croughly half\u201d wanting the ability \u201cto pay with crypto for everyday purchases.\u201d<\/p>\n<p>The firm added that it was \u201capplying\u201d its \u201cfull suite of capabilities to reinforce customer safety\u201d \u2013 claiming that NFT transactions would be protected with \u201csimilar\u201d levels of security to those used in offline or web-based purchases. It said that its \u201ccybersecurity tools\u201d would help ensure both safety and the integrity of user data.<\/p>\n<p>The Executive Vice President concluded that Mastercard saw \u201cenormous potential\u201d in the NFT market, and said that the payments provider was \u201clooking forward to continuing our work with all these companies to make sure this market can become even more welcoming, accessible, and easy.\u201d<\/p>\n<p>Earlier this year, the crypto outfit <strong>Nexo<\/strong>\u00a0(NEXO) announced it had issued a card \u2013 in partnership with Mastercard \u2013 that lets customers spend without first selling their digital assets.<\/p>\n<p>____<\/p>\n<p><strong>\u00a0<\/strong><br \/>&#8211; NFT Infrastructure Moves: OpenSea Acquires Dharma, Coinbase Partners With Mastercard<br \/>&#8211; Nexo Launches New Mastercard for Users to Spend Without Selling Crypto<\/p>\n<p>&#8211; Mastercard Doubles Down on its Crypto Strategy With New Acquisition<br \/>&#8211; Mastercard,\u00a0Bakkt\u00a0Team Up To Integrate Bitcoin In Global Payments Network<\/p>\n<p>&#8211; New Partnership to Give &#8217;82M Users&#8217; Access to .blockchain NFT Domains<br \/>&#8211; &#8216;First Time Ever&#8217;, US Law Firm Airdrops NFT Subpoena in Exchange Hack Case<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Source: AdobeStock \/ prima91 \u00a0 The payments giant Mastercard says it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the \u201cgas-free\u201d marketplace Immutable X, Candy Digital, the metaverse gaming title The Sandbox, Mintable, Spring, the Nifty Gateway, and the Web 3 infrastructure provider MoonPay. The company made the announcement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-11487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mastercard to Enable Direct NFT Payment Options for Marketplace Operators | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mastercard to Enable Direct NFT Payment Options for Marketplace Operators | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Source: AdobeStock \/ prima91 \u00a0 The payments giant Mastercard says it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the \u201cgas-free\u201d marketplace Immutable X, Candy Digital, the metaverse gaming title The Sandbox, Mintable, Spring, the Nifty Gateway, and the Web 3 infrastructure provider MoonPay. The company made the announcement [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/\" \/>\n<meta property=\"og:site_name\" content=\"NFT &amp; Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-10T19:28:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-10T19:28:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/06\/adobestock-prima91-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"789\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\"},\"headline\":\"Mastercard to Enable Direct NFT Payment Options for Marketplace Operators\",\"datePublished\":\"2022-06-10T19:28:41+00:00\",\"dateModified\":\"2022-06-10T19:28:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/\"},\"wordCount\":503,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/06\/adobestock-prima91-1-1.jpg\",\"articleSection\":[\"NFT\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/nft\/mastercard-to-enable-direct-nft-payment-options-for-marketplace-operators\/\",\"name\":\"Mastercard to Enable Direct NFT Payment Options for Marketplace Operators | NFT &amp; 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