A marketplace for non-fungible tokens (NFTs) OpenSea now allows its users to buy an NFT with a debit or credit card via MoonPay.
The company said in a blog post that the new option will be rolled out in phases. With the latest update, OpenSea users will no longer need crypto to buy digital collectibles they want as MoonPay processes payments with MasterCard, Visa, Apple Pay, and Google Pay.
MoonPay's Co-Founder and CEO, Ivan Soto-Wright, says the move is part of the company's mission to unlock "ownership and onboard the world to Web3." He added:
To be successful, we have to make the process as simple as possible. MoonPay has done that for crypto. And now, in partnership with Opensea, we’re doing it for NFTs as well.
OpenSea is the latest company to join the list of NFT marketplaces that also added support for fiat payments. In September last year, the trading platform also introduced the option of buying NFTs with Apple Pay, Visa and MasterCard.
OpenSea's efforts to simplify the purchase of NFTs correlate with the company's goal to help bring NFT adoption into the mainstream. To The Moon earlier reported that the marketplace formed a new arm called OpenSea Ventures which will invest in NFT-related protocols, social and gaming projects "serving as distribution mechanisms for crypto and NFT elements."
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