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Coinbase and Mastercard will allow to buy NFTs with bank cards

Coinbase and Mastercard will allow to buy NFTs with bank cards

Coinbase and payment giant Mastercard have announced a joint initiative aimed at making it easier to buy NFTs on the cryptocurrency exchange's upcoming marketplace;

According to the press release, the collaboration between the two companies will make buying non-interchangeable tokens on the platform with Mastercard as easy as "buying a T-shirt online."nbsp

"Coinbase wants to simplify the user experience so more people can join the NFT community. We helped millions access bitcoin for the first time in an easy and reliable way, and we want to do the same for NFT," the cryptocurrency exchange said in a statement.

The company announced the launch of an NFT marketplace in October 2021. The platform will allow users to issue and sell digital items. In the meantime, the company has opened a waitlist entry. According to The Block, more than a million people have already applied.

As a reminder, Mastercard announced in November 2021 that it would launch bitcoin-linked debit, credit and prepaid payment cards in the Asia-Pacific region.

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