Last updated on October 13th, 2017 at 10:00 am
The well-known brand DISH has just turned into the first subscription model pay-TV provider to accept Bitcoin, thanks to a partnership with Coinbase.
Watching premium television programs and paying the bill with digital money is now possible, as the American direct-broadcast satellite service provider recently partnered with the payment processor Coinbase. DISH will be using the platform’s Instant Exchange feature, which exchanges Bitcoin payments to US dollars.
“We are glad to be working with the DISH team, to serve their current and new subscribers with Coinbase as their easy to use Bitcoin transaction platform”, the digital payment processor stated on their website.
According to DISH, they are “the largest company” to accept cryptocurrency so far. “We always want to deliver choice and convenience for our customers and that includes the method they use to pay their bills”, the firm’s operating chief, Bernie Han, said in a release.
“Bitcoin is becoming a preferred way for some people to transact, and we want to accommodate those individuals”, he added, quoted by the Wall Street Journal. Paying your DISH bill with Bitcoin will be an option from July 1st, the beginning of the year’s third fiscal quarter.