Polygon And NFTpay

The American fintech firm NFTpay has partnered with Ethereum scaling solution Polygon network to allow its users to seamlessly acquire non-fungible tokens using their credit and debit cards.

In a December 29 press release, the Miami-based fintech firm confirmed its new integration with the Polygon network to enable users from different NFT projects to use their credit cards to purchase NFTs.

NFTpay Adds Polygon Blockchain Support

Under the new integration, crypto investors can now use their credit cards to conveniently buy and sell NFTs across NFT projects built on the Polygon blockchain. While commenting about the new partnership, Mike from NFTpay remarked:

“The unpleasant reality is that 99.9% of prospective NFT purchasers do not have cryptocurrencies or a cryptocurrency wallet, which implies that they cannot purchase your NFT regardless of the level of interest they may possess. Our credit card system simplifies the purchasing and selling processes for both customers and sellers. It’s that easy.”

How Does The NFTpay Works?

NFTpay is a quick payment protocol renowned for working diligently to simplify a nine-step, time-consuming procedure in under one minute. The payment ecosystem can execute tens of thousands of trades concurrently.

Moreover, the NFTpay ecosystem instantaneously conducts an ID check to facilitate lightning-fast sales. The payment protocol features high-security tools to ensure all customers are thoroughly and safely vetted.

According to the announcement, NFTpay is not an alternative to cryptocurrency payment, and therefore users can continue selling their NFTs using previous crypto payment methods. NFTpay will serve as a bridge for users to use their credit cards.

In the meantime, NFTpay supports several blockchain networks, including Ethereum, Algorand, Binance Smart Chain, Fantom, Avalanche, EOS, Solana, and Cronos. The fintech firm has revealed a plan to include Casper and Cardano blockchains in the coming months.

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