|Aug 10, 2018 12:58 PM||By: Ben Noble | 6510 Views|
DISH, the first subscription model pay-TV provider to accept Bitcoin beginning in 2014, today announced it has joined Bitcoin Cash as a payment alternative and is now using BitPay, the most significant global blockchain payments provider, as the payment processor for Bitcoin and Bitcoin Cash transactions with clients.
“We’ve added Bitcoin Cash just as we chose to accept Bitcoin to serve customers who have adopted a new way of doing business,” said John Swieringa, DISH executive vice president, and chief operating officer. “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.”
The DISH is leaving from its previous payment processor to BitPay.
DISH customers can use Bitcoin and Bitcoin Cash to pay for monthly support, as well as pay-per-view movies and events. As a potential transaction, a DISH customer gives the correct amount of Bitcoin or Bitcoin Cash required to make one-time payments on mydish.com or DISH’s Hopper DVR. BitPay exchanges amount to U.S. dollars at the time of the transaction without cryptocurrency volatilization risk.
“Our goal for DISH Network is a seamless transition to BitPay, so all customers who are currently paying for services with Bitcoin continue to have the option to pay with Bitcoin or Bitcoin Cash,” told Sonny Singh, Chief Commercial Officer beside BitPay. “Cryptocurrency is an increasingly popular way for consumers to make purchases online as it reduces credit card fraud and is cheaper for the merchants.”
DISH Network Corporation is a connectivity company. Since 1980, it has served as the disruptive force in pay-TV, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming Sling TV services. DISH operates a national in-home installation workforce, as well as an advertising sales group delivering targeted advertising solutions on DISH TV and Sling TV. In addition to its TV services, the DISH has commenced buildout of a national narrowband “Internet of Things” network to provide innovative connectivity solutions and applications through its strategic spectrum portfolio. DISH Network Corporation (NASDAQ: DISH) is a Fortune 250 company.
For more information on DISH TV products and services, visit www.dish.com.
Founded in 2011, BitPay is the pioneer and the various experienced company in bitcoin and blockchain payments. Its series of outcomes allows businesses to send and sustain cross-border payments, also enabling the consumers to control digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa® Card. The corporation has offices in North America, Europe, and South America and has borrowed over $70 million from leading investors including Founders Fund, Index Ventures, and Aquiline Technology Growth.