NOWPayments technology has permitted Shiba Inu (SHIB) to become a payment option on NFT exchanges.
In a blog post, crypto payment gateway NOWPayment explains how SHIB payments can be integrated into NFT marketplaces.
— NOWPayments (@NOWPayments_io) February 14, 2023
Try @Shibtoken for NFT marketplaces$SHIB has transformed the #crypto market with its meme token power, and the launch of new projects like @ShibariumNet is boosting its popularity
Learn more nowhttps://t.co/kHQIL8hULS
According to the document, this is feasible through “Custodial Recurring Payments,” a system designed specifically for NFT marketplaces and related platforms. It permits any marketplace to create billing accounts for their consumers, which may be funded with SHIB. As previously mentioned, the tool enables SHIB holders and companies to pay for Netflix and other service subscriptions using SHIB by allowing the creation of separate billing accounts that may be funded using SHIB.
Shiba Inu payments in 40 countries
Shiba Inu payments are now accepted in forty countries. Wirex, which has more than five million customers and has already incorporated SHIB, will be able to directly issue crypto-enabled debit and prepaid cards in over 40 countries.
Shiba Inu was incorporated into its platform in March 2022. Wirex said on Monday that it has formed a global, long-term collaboration with Visa to expand its presence in the United Kingdom and Asia-Pacific (APAC).
The news expands the two firms’ existing partnership, which includes Wirex’s primary membership status with Visa in Europe and a Visa debit card tied to cryptocurrencies in the United States.