MoonPay NFT Checkout Service: What You Need To Know
MoonPay’s NFT checkout service is revolutionizing the way people buy and sell NFTs. In the past, purchasing NFTs required users to buy cryptocurrency first, leading to two transactions, higher fees, and a lengthy verification process. But MoonPay’s NFT Checkout solves all these problems and makes buying NFTs as easy as buying anything else online. In this guide, we’ll dive deep into MoonPay’s NFT Checkout service.
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Who Is MoonPay for?
The NFT Checkout service is built for brands, creators, and marketplaces that want to offer their users access to NFTs. It is the first solution that enables users to buy NFTs with a credit card. With MoonPay, users no longer need to have a background in cryptocurrency or go through a complicated verification process to own their favorite NFTs.
Why Should You Use MoonPay?
The service is designed to convert users better than standard crypto checkouts, with a 300% higher conversion rate. Users can purchase NFTs directly with their credit/debit card, making the process fast and straightforward. This ease of use maximizes the reach of NFTs and opens up the market to a broader audience.
MoonPay’s NFT Checkout is also multi-chain, supporting various blockchains, including Ethereum, Polygon, Solana, and Tezos, among others. This feature means creativity is not confined to a single blockchain, and sellers can sell their NFTs on any blockchain they choose.
With MoonPay’s NFT Checkout, users can also top up their crypto wallet within the platform, and sellers get automated USDC payouts on a daily basis. Users can skip lengthy ID verification for NFT purchases up to $7500, making the process much more accessible.
MoonPay also provides an anti-fraud stack that defeats fraud and guarantees zero chargebacks. They cover the costs and time dealing with chargebacks, taking the risk out of your cryptocurrency payment solution.
What People Are Saying About MoonPay?
MoonPay’s NFT Checkout service has received high praise from both its partners and end-users. Shashi Menon, CEO of UNXD, says, “MoonPay is making it easier for millions of consumers to access the best this market has to offer.” The platform has also received high ratings on TrustPilot, with over 66,000 people rating it positively.
Notable MoonPay Partnerships - MoonPay And OpenSea
MoonPay’s NFT Checkout service is making it easier for users to purchase NFTs, and their recent partnership with OpenSea, the leading peer-to-peer marketplace for NFTs, is a significant step towards making NFTs accessible to everyone.
OpenSea allows users to buy, sell, trade, and mint a range of NFTs, including digital art, collectibles, music, and trading cards. With the NFT Checkout integration, OpenSea users can purchase NFTs using a debit or credit card, bypassing the need to acquire cryptocurrency first. This integration simplifies the purchasing process and opens up the marketplace to a wider customer base.
Initially, MoonPay enabled the purchase of Ethereum NFTs on OpenSea. However, they have now expanded the integration to include Ethereum, Solana, and Polygon NFTs. Users can pay directly with major payment methods like MasterCard, Visa, Apple Pay, and Google Pay.
In conclusion, MoonPay’s NFT Checkout service is an innovative solution that makes buying and selling NFTs accessible to everyone. With its ease of use, multi-chain support, and anti-fraud stack, MoonPay is leading the way in the NFT market, making it easier for brands, creators, and marketplaces to offer their users access to NFTs.