Pay With Credit Card at Magic Eden

Pay With Credit Card at Magic Eden

NFT marketplace Magic Eden is partnering with MoonPay to offer support for direct credit card purchasing on the platform, according to TechCrunch.

❗Why It Matters

A lack of credit card payment support has been seen as a barrier to entry to the web3 space, as setting up a wallet and funding it with crypto funds can be a challenging task for a new entrant.

🔍 The Deets

  • Magic Eden now supports purchasing via credit or debit card, Apple Pay and Google Pay, in addition to its native crypto options.
  • MoonPay recently forged a similar partnership with NFT marketplace LooksRare.
  • MoonPay completed a $555 million raise in November of 2021.

🎤 Founder Feedback

Our goal is to make NFTs accessible to everyone, enabling individuals to own and control their digital assetsZ. Yin (Magic Eden CEO)

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