Mastercard’s Payment Network Now Available On Web3, NFTs

Mastercard is expanding its adoption of Web3, a new version of the Internet, based on the Blockchain. It has tied up with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure supplier MoonPay to enable NFT commerce.

Mastercard has over 2.9 billion cards in circulation worldwide, and this tie-up has the potential to have a significant impact on the NFT ecosystem. It has said these developments will expand the potential consumer base of NFT creators to millions of people all around the world.