You Can Buy NFT At OpenSea With Credit Card, Apple Pay, And Google Pay Now

JAKARTA – The OpenSea NFT Marketplace accepts purchases of Non-Fungible Tokens with credit cards, Apple Pay, and Google Pay. Previously, NFT purchases on OpenSea could only be done using the cryptocurrency Ethereum (ETH).

With the presence of this new purchase method, NFT digital art can be purchased by anyone without having to own ETH. This new payment feature is thanks to a collaboration with fintech company MoonPay which is developing payment infrastructure in the crypto world.

This option allows the NFT marketplace to attract more conventional buyers who don't want the hassle of buying ETH crypto first. NFT sales experienced a record surge of US$5 billion last January.

However, in February and March, NFT sales experienced a significant decline. Later, the new payment option will not only be used to purchase but also include the sale of NFT, including the minting of new works.

Reporting from Dailycoin, this feature will be released to part of the OpenSea user base gradually. The downside of this new feature is that purchasing NFT using credit and debit cards will be more expensive due to the additional costs associated with it.

Previously, OpenSea had announced that it would include NFT on the Solana network this April. The announcement succeeded in boosting the SOL price up to 21 percent in the past week.

OpenSea seeks to expand and strengthen its dominance in the NFT space so that it can be accessed by a wider audience even if they do not have a crypto digital wallet.