OpenSea, the world’s largest NFT marketplace, has added a pay with card option to its platform, making it easier to acquire NFT and driving mainstream adoption.
Through MoonPay’s NFT Checkout integration, collectors will be able to buy NFTs on OpenSea via credit and debit card without using cryptocurrencies. NFT Checkout is a plug-and-play solution for NFT marketplaces launched by MoonPay in January.
Users will be able to use Visa, MasterCard, American Express, Apple Pay, Google Pay, and other payment methods on OpenSea without converting fiat into crypto first.
Users will also be exempted from undergoing the know-your-customer (KYC) process for purchases up to $7500, and OpenSea will support card payment for primary and secondary NFT sales.
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However, buyers using the card option will pay higher as gas and processing fees will be automatically added to the price of the NFT to be bought.
OpenSea has been undergoing disruptions lately. The NFT marketplace recently confirmed that it will integrate the Solana blockchain within its ecosystem in April.
The integration will allow NFTs minted on Solona to be listed on OpenSea, allowing creators to access a wider market.