Payment infrastructure provider Transak has integrated Transak NFT Checkout with Sequence Marketplace Solutions, allowing users to purchase multiple NFTs using fiat currency in a single transaction.
Sequence has previously worked with Sequence to integrate Transak’s cryptocurrency onboarding/exiting into its Sequence suite, allowing any dApp built using the suite to benefit from Transak’s streamlined onboarding process.
Now, Sequence takes another step to further simplify the accessibility of digital assets and support the broader goal of bringing Web3 games to mainstream audiences.
Source: sequenceTowards wider adoption
This new development aims to make NFT transactions simpler by offering familiar payment options such as credit cards and bank transfers, eliminating the need for cryptocurrencies and will hopefully address some of the key challenges associated with web3 gaming adoption, specifically surrounding NFTs Acquisition complexity.
“Web3 games urgently need to simplify the NFT acquisition process if they want to attract a mainstream audience,” said Taylan Pince, chief technology officer of Sequence. “With Transak NFT Checkout, we are removing friction and complexity and making NFTs accessible to everyone. This is A game changer for the web3 gaming industry.
One of the standout features of this new integration is the ability for users to purchase multiple NFTs at once. Traditionally, NFT buyers need to conduct separate transactions for each NFT, which often incurs platform fees and transaction fees. With this update, users can add multiple NFTs to their shopping cart and complete the transaction at once, reducing costs and making the process more efficient.
This feature is designed to simplify the user experience and provide a system more similar to a traditional online shopping platform where multiple items can be purchased at the same time.
“We’re excited to enable Sequence Marketplace users to seamlessly acquire multiple NFTs using their preferred currency, all in a single transaction,” said Yeshu Agarwal, Co-Founder and CTO of Transak. “This is an underrated platform. functionality, it benefits users more than they imagine and we are excited to be the first to bring this innovation to market.”
Source: sequenceSecurity and Compliance
In addition to streamlining the purchasing process, Transak NFT Checkout includes multi-layered know-your-customer (KYC) protocols to ensure compliance and prevent fraud.
For eligible users, the system offers a “light KYC” option that allows onboarding using only basic details such as name and email address, making the process faster.
Additionally, users can purchase starting at $0.01, lowering the barrier to entry for those who want to explore NFTs.
