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FIAT ETH and SOL Payment
Allow your customers to pay with FIAT currency by using a Credit Card or ETH and SOL by connecting their wallet
Credit card information was removed from the video for security reasons.
Enabling this setting allows your customers to purchase your NFTs using Fiat Currency with their credit card, ETH and SOL via NMKR Pay. To offer you this payment features, we partnered with Crossmint. This is a great way to reduce barriers to entry for people who are not yet accustomed to using crypto (or Cardano).
This is particularly useful for projects who are aiming to cater to markets outside of the Cardano (or wider crypto) ecosystem.
Fungible Token Sales are currently not supported with FIAT, ETH and SOL Payments.
Pricing and Limit There are no additional costs for you as a seller. There are additional costs for the Credit Card payment for your buyer, these will be displayed during the sales process in in the Crossmint payment window. On the buyer side, there can be 1-2% fees expected from Crossmint + the fees that the credit card issues is charging. FIAT payment is only available for sales prices from 5,00$. There is a 1500$ Limit for FIAT transactions. In order to increase the transaction limit for your collection you’ll just need to fill out this form: https://crossmint.typeform.com/limit-raise-req to get it approved by Crossmint.
Great observation, if the customer doesn't pay using ADA then how can we send the NFT to them? They probably don't currently have an ADA wallet.
To solve this, our payment partner Crossmint creates a temporary custodial Wallet, accessible for you in your crossmint account. We mint the NFT and send it to the new wallet once payment is received. The customer is then encouraged to create their own Cardano Wallet and transfer their NFTs from the custodial Wallet to this, thereby gaining complete custody.
FIAT Payments over 1000$ will require your customer to KYC. This is is only to protect from credit card misuse by bad actors.