Credit card company Mastercard has announced a partnership with upcoming Coinbase’s NFT marketplace, Coinbase NFT, to allow people to purchase non-fungible tokens or NFTs with their cards.

In an announcement written by Mastercard executive vice president of digital asset and blockchain products Raj Dhamodharan, the partnership aims to make the purchase of NFTs easier and less technical for everyone, especially those with little knowledge of cryptocurrency, by removing the process of opening a crypto wallet to purchase NFTs.

“Buying digital goods should be as simple as buying a T-shirt or coffee pods on an e-commerce site. You can make your purchase with one click — that’s it,” he said.

In the last 24 hours, bitcoin has been up by 0.94%, with a current price of $42,166 as of the time of writing this. Within 24 hours, bitcoin dropped to $41,167.04 low and $42,662.24 high. The trading volume of bitcoin in the last 24 hours is $961.50M. The current market capitalization of bitcoin is $797.49B. Currently, $18.93M bitcoins are in circulation.

Stats and Image from Coin Desk

Raj added in the statement that allowing the use of cards for NFT purchases will create more opportunities for digital goods creators and further expand the NFT market and its growth level.

He reiterated Mastercard’s commitment to protecting customers’ data and securing their NFTs.

In a separate post by Coinbase, the Senior Director, Product Prakash Hariramani stated that the partnership with Mastercard is a way of fulfilling Coinbase NFT’s mission to help more people join the creator’s economy and allow NFT creator to profit from their work.