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DISH Accepts BCH, Switches To BitPay For Crypto Processing

Bitcoin Cash News

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The tv supplier accepts a brand new cryptocurrency and rolls over to BitPay.

In accordance with an announcement yesterday from DISH, a preferred US satellite tv for pc service supplier, the corporate will now settle for bitcoin cash (BCH) funds. The company started accepting bitcoin funds again in 2014.

John Swieringa, government vp and COO of DISH, commented on the addition of BCH:

“We have added Bitcoin Money simply as we selected to simply accept Bitcoin to serve prospects who’ve adopted a brand new manner of doing enterprise. We’ve got a gradual quantity of consumers paying with cryptocurrency every month, and BitPay will permit us to proceed providing extra alternative and comfort to our prospects.”

In reality, DISH prospects can use their bitcoin or BCH to pay for his or her month-to-month service subscriptions, though these funds are handled as one-time transactions (in contrast to a recurring fee a person might arrange with their bank card).

Tied to this announcement is DISH’s change to BitPay because the company’s cryptocurrency fee processor. Sonny Singh, chief industrial officer with BitPay, commented on the 2 firms’ partnership:

“Our aim for DISH Community is a seamless transition to BitPay so all prospects who’re at present paying for providers with Bitcoin proceed to have the choice to pay with Bitcoin or Bitcoin Money. Cryptocurrency is an more and more widespread manner for customers to make purchases on-line because it reduces bank card fraud and is cheaper for the retailers.”

In accordance with the DISH crew, BitPay can change “funds to U.S {dollars} in the intervening time of the transaction with out cryptocurrency volatility threat.”

In one other television-related blockchain improvement, the Comcast Superior Promoting Group, a division of the worldwide telecommunications conglomerate Comcast Company, announced plans for its Blockchain Insights Platform in June 2017 to create an promoting strategy knowledgeable by viewers information.

Daniel Putney is a full-time author for ETHNews. He obtained his bachelor’s diploma in English writing from the College of Nevada, Reno, the place he additionally studied journalism and queer principle. In his free time, he writes poetry, performs the piano, and fangirls over fictional characters. He lives along with his accomplice, three canines, and two cats in the midst of nowhere, Nevada.

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Bitcoin Cash News

Article Title: DISH Accepts BCH, Switches To BitPay For Crypto Processing

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