Sling TV now accepts bitcoin payments for its personalized TV streaming services.
Streaming service provider Sling TV now accepts bitcoin payments. Existing customers can prepay for 1-6 months of service using bitcoin and cryptocurrencies. New customers must pay the first month using old payment methods and can use bitcoin payments from the second month.
Sling TV, a cable-cutting service provider that allows its users to stream more than 700 TV channels through its app, announced on Friday that it would accept Bitcoin payments through an integration with BitPay, a pioneer in services.
“Accepting crypto payments for this OTT digital platform was clearly the obvious next step for our subscribers,” the company said in the announcement post.
Sling TV LLC, also known as Sling Media Inc, was purchased in 2007 by DISH, a company that made headlines in 2014 for being the largest company at the time accepting Bitcoin payments.
At the time, Bernie Han, executive vice president and chief operating officer of DISH, said, “We always want to provide our customers with choice and convenience, and that includes the method they use to pay their bills.” Speaking of Bitcoin in particular, Han said, “Bitcoin is becoming the preferred way for some people to transact and we want to accommodate those people.”
BitPay, which provides an optimized payment flow for over 90 different wallets, is looking to provide the option and option that Sling’s parent company mentioned in 2014. But in its current state, the integration is only available to existing customers. of the Sling. New users joining the Sling platform will first need to provide legacy payment methods to establish their account and then have the option to proceed with payments in bitcoin and other cryptocurrencies.
Customers will be able to prepay between one and six months of service using bitcoin. Before the prepaid period ends, customers will need to make another manual payment to extend the prepaid period or use a legacy payment method to set up recurring purchases. If the prepayment period ends without another manual payment being made, Sling TV will default to the required old payment method that must be placed on each account.