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The partnership will see Coinbase working with Mastercard to classify NFTs as "digital goods," which will, it claims, enable "a broader group of consumers to purchase NFTs." The crypto exchange also promised to "unlock a new way to pay using Mastercard cards."
"We want to make the process of buying NFTs very easy," said Coinbase senior product director for payments and commerce Prakash Hariramani, in an interview accompanying the news release. Hariramani argued that having provided an "on-ramp to crypto" for newcomers to the space, Coinbase sees its NFT marketplace as doing the same for NFTs. "We want to do the same thing for NFTs with Mastercard by solving the pain points—to make it as easy as possible to buy an NFT and make sure it’s the best consumer experience," he said.
https://decrypt.co/90618/coinbase-nft-marketplace-will-enable-purchases-with-mastercard
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