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Mastercard announces new crypto partners for its NFT payments service

Mastercard has announced plans to widen access to the non-fungible token (NFT) market through the use of card payments. In a blog post published on June 9, Raj Dhamodharan, an executive vice president at the company, said it had partnered with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and MoonPay to enable NFT commerce. “We’re working with these companies to allow people to use their Mastercard cards for NFTs purchases, whether that’s on one of these companies’ …

Mastercard’s global head of crypto explains how the company is embracing NFTs and more

During an episode of The Scoop from last November, Mastercard EVP Jess Turner explained how Mastercard was pivoting to become a ‘crypto first’ company. Mastercard has since made significant progress on this decision, including the filing of over a dozen metaverse and crypto-related trademarks. During this latest episode of The Scoop — recorded at the Bitcoin 2022 conference in Miami — Raj Dhamodharan, Mastercard’s EVP of Blockchain/Digital Asset Products & Digital Partnerships, shared the progress the payments company has made …

Mastercard files for more than a dozen metaverse and crypto trademarks

A major financial services firm has thrown its hat into the crypto trademark ring, with new filings related to NFTs, virtual worlds and more. The 15 filings by Mastercard, with an April 7 status date, include NFT backed multimedia, marketplaces for digital goods, and payment transaction processing and e-commerce software business transactions in the metaverse. The applications are filed on a 1b basis, meaning there’s an intent to use them in the future, though when the company plans to use …

Coinbase partners with Mastercard to let users buy NFTs via cards

Crypto exchange Coinbase and payments giant Mastercard have teamed up to simplify the buying experience of non-fungible tokens (NFTs). Today people have to use crypto for buying NFTs on platforms like OpenSea. Coinbase and Mastercard are working on letting users buy NFTs via Mastercard cards on Coinbase’s upcoming NFT platform. Mastercard said buying NFTs should be as simple as buying a t-shirt online. But today users first need to open a crypto wallet, buy crypto, then use it to purchase …