Categories: Bitcoin

Satellite TV Giant DISH Network Now Accepts Bitcoin Cash


Bitcoin cash has been confirmed as the second cryptocurrency payment option by subscription model pay-TV provider, DISH. As announced on the company’s website, in addition to bitcoin which was adopted in 2014 as a payment system, subscribers can now pay for services using bitcoin cash.

Since 1980, DISH Network Corporation has played a significant role in the evolution of pay-TV. The company provides services to millions of customers across the globe through its numerous subsidiaries. The services include satellite DISH TV and streaming Sling TV services. The company also operates a national in-home installation workforce and advertising solutions among other services.

Maintaining Brand Versatility

The adoption of bitcoin cash by DISH happens at a time when the company is also migrating to BitPay as a new blockchain payment processor for cryptocurrency transaction with customers.

John Swieringa, executive vice president and chief operating officer of DISH, notes that the addition of bitcoin cash as a payment system is aimed at serving customers who have adopted a new way of doing business.

“We have a steady volume of customers paying with cryptocurrency each month, and BitPay will allow us to continue offering more choice and convenience to our customers.”

BitPay is the pioneer company in bitcoin and blockchain payment processing. With offices in North America, Europe and South America, the company is also established in cross-border payments, and enables consumers to manage digital assets with the BitPay Wallet.

Enabling a Seamless Transition

To pay with bitcoin or bitcoin cash, a one-time payment is executed by a DISH customer through the website or DISH’s hopper DVR. On sending the exact payment amount in bitcoin or bitcoin cash, BitPay exchanges the funds into U.S. dollars immediately, thereby avoiding the risk of volatility usually associated with cryptocurrency transactions.

According to Sonny Singh, chief commercial officer of BitPay, the goal of his company is to offer DISH Network a seamless transition that will enable all customers who are currently use bitcoin for payment to have the extra option of paying with bitcoin cash.

Singh notes that cryptocurrency is an increasingly popular way for customers to make purchases and pay for services online as it reduces credit card fraud and is cheaper for the merchants.

Featured Image from Shutterstock

Follow us on Telegram or subscribe to our newsletter here.
• Join CLC’s crypto community for $9.99 per month, click here.
• Want exclusive analysis and crypto insights from CryptoLiveClub? Click here.
• Open Positions at CLC: Full Time and Part Time Journalists Wanted.

Advertisement
Disqus Comments Loading...
Share

Recent Posts

Crypto VC Funding Deals are Falling Apart Due to Bear Market

According to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), many venture capital funding deals in the…

3 hours ago

Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO

BitPay CEO Stephen Pair has stated that speculation drives a substantial part of bitcoin’s current valuation, while the actual use…

4 hours ago

Tron DApp Usage Jumps 48% — More Than 1 Million Weekly Transactions

The TRON Foundation launched its TRC20 exchange this week. It is a place for people to exchange tokens issued on…

4 hours ago

AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History

Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,”…

5 hours ago

Cameroon Separatists Create Cryptocurrency Called AmbaCoin

A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency…

6 hours ago

Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund May be Securities

In a newsletter to clients sent on Thursday, Pantera Capital CEO Dan Morehead revealed that one in four initial coin…

7 hours ago

This website uses cookies.