Incredible but true ! This is the phrase that describes what happened at the Singapore Fintech Festival. During this event, MasterCard indeed carried out a complete demonstration on the purchase of NFT on OxPolygon using MasterCard.
Buying NFTs on the Polygon testnet with a Mastercard bank card: yes, it’s possible!
Yes, it is now possible to buy NFTs via a bank card. MasterCard, one of the largest payment companies, demonstrated this at the Singapore Fintech Festival. A representative from MasterCard’s stand demonstrated how to perform an NFT transaction with the bank card on the Polygon testnet.
This demonstration was filmed and shared on the web. A scene that surprised more than one and that many congratulated. On the video, we can view an NFT purchase made from a metamask wallet and paid directly via a MasterCard linked to the crypto wallet.
The transaction went smoothly on Polygon’s Mumbai testnet. The purchased NFT appears in the wallet after only a few seconds. And the most interesting thing is that the fee only amounts to tens of cents of dollars. Something to delight the many followers of NFT and cryptocurrency!
A scene praised by many
The co-founder of the Inevitable, Kayna Oliveira, was one of the first to salute not only this scene, but also the approach taken by MasterCard. As a builder, he finds it exhilarating to see user barriers break down like this. According to Kayna Oliveira, this makes it possible to implement more complex functionalities while maintaining user-friendliness.
NFTBOOKS also called this scene “awesome”. The famous NFT dedicated to books even added that it is for this reason that it chose OxPolygon to run its mainnet.
Does this scene reflect an adoption of cryptos and NFTs by MasterCard? Apparently yes ! One thing is certain, however: this scene and this approach unquestionably facilitate access to NFTs and cryptocurrency to the general public. Thanks to payment giants like MasterCard, NFTs are indeed more present in the public space.
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