Mastercard Holders Will Be Able To Buy NFTs With Fiat

The Mastercard payment system announced that it will allow its customers to buy NFTs using fiat currency.

As part of the launch of the project, the company signed agreements with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and MoonPay. On platforms owned by these companies, Mastercard cardholders will be able to buy NFTs with fiat currency.

According to Raja Damodaran, vice president of Mastercard, the introduction of the ability to pay for NFT simply with the company’s cards can positively affect the development of the ecosystem as a whole.

He added that among more than 35 thousand people in 40 countries, 45% are interested in NFT.

Earlier, Mastercard announced the launch of the Biometric Checkout Program, thanks to which customers will be able to pay at the checkout with “a smile or a wave of the hand.”

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