VISA & MASTERCARD NFT PURCHASE
Visa & Mastercard pledge to make NFT purchase easier and safer
Visa launched the Visa Creator Program with:
Technical and product mentoring with the Visa team, such as evaluating trade-offs between underlying blockchain networks, smart contracts, and NFT marketplaces.
Community building: the opportunity to exchange ideas and solve problems with a community of creators at various stages of their NFT journey.
Access to thought leaders: hearing from cutting-edge thinkers and researchers working in digital commerce, Web3, cryptocurrencies, and payments.
Exposure to Visa customers and partners: opportunities to interact with businesses through Visa's network of customers and partners.
Stipend: one-time stipend to help creators start the next phase of growth.
The project to which Mastercard would contribute would enable the approximately 2.9 billion users to make purchases directly with their cards, without having to make a digital currency purchase first.
Mastercard said it has partnered with several NFT marketplaces, namely Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and Web3 infrastructure provider MoonPay.
"We are working with these companies to enable people to use their Mastercard cards for NFT purchases, either on one of these companies' NFT marketplaces or using their cryptocurrency services."
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