American streaming television service Sling TV has announced that the company is now accepting cryptocurrency payments from customers who pay their monthly subscriptions. Sling TV detailed that the company is leveraging crypto payment provider Bitpay and will accept seven different cryptocurrencies and five stable coins.
Sling TV to Accept Crypto Assets for Monthly Subscription Services
Sling TV LLC has revealed that it has partnered with Atlanta-based cryptocurrency payments provider Bitpay and will accept a variety of crypto assets for monthly subscription payments. Sling is a streaming television service provider that offers a selection of channels that competing cable providers do not. The company is a subsidiary of Dish Network, a direct-broadcast satellite provider that also accepts crypto payments for subscription services. Data from cordcuttersnews.com indicates that Sling crossed 2.55 million subscribers in September 2021.
By offering over-the-top (OTT)-oriented services through web browsers, smart TVs, digital media players, Sling says it offers various benefits. Accepting crypto exemplifies the company’s desire to bring “choice and convenience to the check-out process,” Sling’s announcement notes. Sling Television Monthly subscribers can pay for their subscriptions with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Dogecoin (DOGE), and Litecoin (LTC). Additionally, Sling clients can choose to pay with the stablecoins GUSD, USDC, USDP, DAI and BUSD.
Sling TV’s announcement says:
Starting this week, Sling TV customers can use cryptocurrency to pay for their monthly subscriptions. Through payment provider Bitpay, users can now select and pay for their favorite digital streaming service with their preferred digital currency – be it Bitcoin, Ethereum or Dogecoin.
Streaming television service Sling follows several companies adding crypto payment support during the past 12 months. Over the past year, well-known brands such as Universal Air Travel Plan (UATP), Sheetz Convenience Store, Philips Auction House, Verifone, Sotheby’s, RM Sotheby’s, American Residential Warranty (ARW) and Tiffon Gas Stations have added crypto payment support. In mid-January this year, a survey conducted by Visa indicated that one in four businesses surveyed plan to accept crypto payments this year.
Currently, Sling TV customers with existing monthly subscriptions can pay with digital currencies. New users will have to pay with the traditional payment method once and then the crypto payment option will be made available to the monthly customer next month. “Sling customers can make only one monthly, manual payment with Bitpay, but they will have the option to prepay for one to six months at a time,” concludes the summary of Sling’s new payment system.
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