NFTpay presents a fresh competitor to Crossmint, offering a streamlined approach to NFT transactions. Crossmint positions itself as a NFT tool that enables users to launch NFTs in under a minute while also allowing Web3 creators to accept credit card payments.
Buying NFTs is a tedious process. The user must understand what a wallet is and set one up to hold their NFTs. They then need to convert their fiat currency into an accepted cryptocurrency. Finally, after all of these hurdles and sometimes days of waiting, the user can make their first NFT purchase.
These systems have created a barrier to new users, which slows NFT project’s growth. A new market of users is instantly created by offering a seamless buying experience for new users that allows customers to buy NFTs with their credit cards, without the hassle of learning how to use a wallet or purchase crypto.
While Crossmint offers an innovative solution for the market, NFTpay has improved on the concept and removed some of the hassles that are baked into the Crossmint system.
A Better Way To Sell NFTs With Credit Cards
The first improvement is in the mobile-optimized experience. While Crossmint requires multiple screens to set up the account, NFTpay uses a simple HTML code that requires copying and pasting to go live. The entire launch process is much easier, making NFTs more accessible to new creators.
While Crossmint promises ease of purchase, they — like Moonpay — are plagued with slow transaction speeds. Infinite loading on checkout is a regular problem. These checkout issues create lower conversion rates and can lead to new NFT drops failing to get the requisite traction needed to be a success.
The first improvement is in the mobile-optimized experience. While Crossmint requires multiple screens to set up the account, NFTpay uses a simple HTML code that requires copying and pasting to go live. The entire launch process is much easier, making NFTs more accessible to new creators.Â
While Crossmint promises ease of purchase, they — like Moonpay — are plagued with slow transaction speeds. Infinite loading on checkout is a regular problem. These checkout issues create lower conversion rates and can lead to new NFT drops failing to get the requisite traction needed to be a success.Â
The other issue is that their system redirects to a third-party site. The popups and outside websites can unnerve new shoppers. NFTpay keeps users on their website, using iframe technology to create a secure, integrated checkout process.
Broad Marketplace Support
Crossmint does not directly interface with Magic Eden or Opensea, requiring more delays (and a bit of nail-biting) while the end user waits for the NFT to get into their own wallet. While NFTpay also does not interface directly, they make the transaction easier by maintaining collective wallets on all major marketplaces, making it easy for people to pay with a credit card and take near instant ownership of their NFT.
Many prospective buyers do not possess cryptocurrency wallets, whereas nearly everyone has access to a credit card tied to traditional fiat currency. Introducing this payment alternative can extend your market reach to a wider audience. Moreover, NFTpay addresses the issue of potential buyers missing out on NFT acquisitions due to delays associated with converting fiat to crypto on platforms like Coinbase. With credit card payments, the purchase process becomes instantaneous, resulting in a 2-10 times boost in sales by simplifying the buying process for both Web2 and Web3 users.
Before NFTpay, most marketplaces required buyers to go through intricate explanations, guiding them on creating a wallet, acquiring cryptocurrency, and then proceeding with their NFT purchases. Metamask was often the go-to wallet for holding cryptocurrency funds in such transactions.
Crypto Payment Methods
NFTpay presently extends its support to a wide array of major blockchains, including Ethereum, Binance Smart Chain, Polygon, EOS, AVAX, and Fantom. While this list isn’t exhaustive, these chosen blockchain platforms enable transactions with some of the most prevalent cryptocurrencies. Our upcoming additions will incorporate Solana, Algorand, Casper, and Cardano chains to further enhance the versatility of our platform.
Our walletless system ensures that anyone with an email address can now securely possess NFTs. At NFTpay, we take the responsibility of securely storing our customers’ NFTs, ensuring peace of mind for all.
Credit Card Payment Types Accepted
NFTpay.xyz offers ultimate ease in purchasing NFTs by accepting major credit cards, including Visa, Mastercard, Discover, and American Express. This diverse range of payment options ensures a seamless and accessible experience for users, allowing them to acquire NFTs effortlessly.Â
Whether they’re a seasoned crypto enthusiast, looking to lock down an exclusive NFT purchase quickly or users new to the world of blockchain, our platform caters to a wide audience, eliminating the need for complex crypto wallets and transactions. With NFTpay.xyz, customers can unlock the world of NFT ownership with an email and credit card, making it easier than ever to participate in the NFT marketplace.
