Non-fungible token (NFT) marketplace Magic Eden announced its partnership with popular Web3 payment platform MoonPay in order to offer a new payment option for buying digital collections.
NFT Marketplace Magic Eden Collaborates With MoonPay to Offer Credit Card Payments
The goal of this collaboration is is to facilitate the onboarding process for new users. According to the reports, Magic Eden users will be able to purchase NFTs across chains using a credit or debit card and even other payment platforms like Apple Pay and Google Pay.
Magic Eden chief operating officer Zhuoxun Yin appointed: “Our goal is to make NFTs accessible to everyone, enabling individuals to own and control their digital assets.”
Earlier MoonPay partnered with NFT marketplace LooksRare to allow users of the platform to trade cryptocurrencies through MoonPay, enabling them to purchase NFTs via credit card.
In November 2021, the company raised $555 million and continued to build significant partnerships. MoonPay also cleared a regulatory hurdle in December, securing registration with the U.K.’s Financial Conduct Authority (FCA) to signify compliance with local money laundering rules.
Source
https://www.coindesk.com/
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