DISH Network claims BitPay first for customer payments | Infrastructure | News | Rapid TV News
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Taking its four-year acceptance of cryptocurrencies one stage further, US pay-TV provider DISH Network has added Bitcoin Cash as a payment option, making it the first company with a subscription TV model to offer such capability.
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Founded in 2011, BitPay calls itself the pioneer and the most experienced company in Bitcoin and blockchain payments, enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa Card. It also claims to be the largest global blockchain payments provider, as the payment processor for Bitcoin and Bitcoin Cash transactions with customers.

DISH is migrating from its former payment processor to BitPay and customers can now use Bitcoin and Bitcoin Cash to pay for monthly subscriptions, as well as pay-per-view films and events. As a push transaction, a DISH customer sends the exact amount of Bitcoin or Bitcoin Cash needed to make one-time payments on or DISH's Hopper DVR. BitPay exchanges payments to US dollars at the moment of the transaction without cryptocurrency volatility risk.

“We've added Bitcoin Cash just as we chose to accept Bitcoin to serve customers who have adopted a new way of doing business,” explained DISH executive vice president and chief operating officer John Swieringa. “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.”

“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,” added BitPay chief commercial officer Sonny Singh. “Cryptocurrency is an increasingly popular way for consumers to make purchases online as it reduces credit card fraud and is cheaper for the merchants.”