According to Moonpay, non-fungible token (NFT) marketplace Opensea plans to use the company’s payment infrastructure to accept credit card payments. The move comes on the heels of Opensea’s recent announcement of its Solana backing, following Opensea’s record $23.5 billion in sales.

Moonpay reveals that Opensea users will soon be able to pay NFTs with credit cards

Visitors to Opensea who do not own any crypto assets will soon be able to pay with a credit card. tweet From Moonpay company. “Sail on Opensea with your card,” Moonpay detailed Friday. “Soon, you’ll be able to buy NFTs with Visa, Mastercard, Apple Pay, Google Pay, and more,” the company added.

Currently, Opensea users need to use crypto assets such as Ethereum (ETH) to buy NFTs on the marketplace platform. The integration of Moonpay will change that and Opensea visitors will be able to choose from a variety of payment options.

Lately, Moonpay has been helping celebrities buy expensive NFT assets such as Bored Ape Yacht Club collectibles. The company helped American rapper Wiz Khalifa Bored Ape #1506, and the company helped “Pop Diva” Madonna buy Bored Ape #4988 for $564,000 in ether.

In late November, Moonpay raised $555 in the company’s first round of funding led by Tiger Global and Coatue. Moonpay’s overall valuation reached $3.4 billion after investors poured in. The company said at the time that the funds would be used for expansion.

Just recently, the leading NFT marketplace Opensea announced that it will support the blockchain network Solana (SOL). The news comes after numerous rumors, speculation, and leaked images revealed that Opensea will soon add SOL and Phantom wallet support.

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Opensea is the top NFT project and marketplace with total sales of $23.5 billion since the marketplace was established. Opensea’s sales were closely followed by NFT marketplace Lookrare ($18.16 billion), but Lookrare’s recorded sales have been questioned over alleged fake transactions. According to a recent research report published by Chainalysis, NFT wash trading has been an issue.

Opensea has had 1,417,562 traders since the market’s inception, and the platform supports three blockchain networks including Polygon, Klaytn and Ethereum. The recently announced of SOL will be Opensea’s fourth blockchain in terms of blockchain protocol support.

On Friday, Moonpay did not say when it would add credit card support. Moonpay’s announcement comes after a partnership between Coinbase and Mastercard, as the two companies want to make NFTs accessible to everyone. According to the announcement, shoppers taking advantage of the upcoming Coinbase NFT marketplace will be able to use Mastercard-enabled credit and debit cards.

tags in this story

Apple Pay, coinbase nft marketplace, credit card, credit card Opensea, ethereum, google pay​​​, klaytn, mastercard, Moonpay, Moonpay infrastructure, Moonpay system, nft, NFT marketplace, NFT, non-fungible tokens, Opensea, Opensea credit card , Opensea NFT, Polygon, Solana

What do you think of Opensea accepting credit cards, Apple Pay and Google Pay via Moonpay’s payment infrastructure? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is Head of News for Bitcoin.com News and a fintech reporter based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.




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