NFTpay Adds Support for Polygon Blockchain

Credit: Rokas

NFTpay, a Miami-based Web3 platform that allows non-fungible token (NFT) sellers to accept credit cards for NFT projects, just added support for projects on the Polygon blockchain.

NFTpay’s integration lets NFT marketplaces, generative NFT collections, websites that sell NFTs, and NFT creators add a credit card option for buyers. Since many people who want to buy NFTs don’t have cryptocurrency or a crypto wallet, the service aims to onboard non-native crypto users to Web3. Simply put, NFTpay makes it easier for buyers to buy and sellers to sell NFTs.

To use the service, any NFT seller can enter the basic information about their project and copy and paste one line of code for the tool to work. NFTpay’s integration is fast, taking less than a minute, and its infrastructure can process thousands of transactions at once. The system is also secure and verifies users safely.

Worth noting, the NFTpay integration is an additional option to crypto payments, which means Web3 natives can still buy and sell NFTs with cryptocurrency. Also, the service is free for sellers, and buyers pay a small fee to cover the transaction costs.

According to Mike from NFTpay, Polygon is “the most promising Ethereum scalability project” because of its talented and dedicated development team.” NFTpay also supports Ethereum, Binance Smart Chain, Fantom, Algorand, EOS, Cronos, and Solana. It plans to support Cardano and Casper blockchains next.

Polygon Had a Big Year in 2022

News that NFTpay is adding Polygon should come as no surprise to folks paying attention to the layer 2 blockchain this year. At Rarity Sniper, we’ve written several stories about Polygon partnering with major companies or being chosen for NFT projects. Here are three of the most recent stories about Polygon.

Two months ago, a report from broker Bernstein said that Polygon was the leading gateway for transitioning Web2 consumers to Web3. Because of its high-speeds and low costs, the blockchain has been chosen by several major companies, including Starbucks, Adidas, Meta, Draft Kings, and Reddit.

Next, the Solana-friendly Web3 wallet Phantom recently added support for Polygon and Ethereum. Now users can buy, sell, and hold crypto and NFTs from the three ecosystems. The new integrations are currently available on iOS and Android apps.

Lastly, Warner Music Group partnered with Polygon to create an NFT music platform called LGND. The platform, expected to launch in January 2023, has already onboarded its first music label — Spinnin’ Records. The electronic dance music label is home to David Guetta, Afrojack, and DJ Snake.

Like nearly all cryptocurrencies, the price of Polygon’s native cryptocurrency $MATIC has suffered losses this year. But that hasn’t stopped the chain from innovating in the space, and by doing so it’s increasingly becoming one of top blockchains around. We’ll keep our ears to the ground for more news about Polygon.