DISH today announced that it will begin accepting bitcoin payments from customers starting in the third quarter.
DISH has selected Coinbase as the payment processor for bitcoin transactions with customers who choose to pay their bill online with the bitcoin wallet of their choice. DISH will use Coinbase’s Instant Exchange feature to exchange bitcoin payments to U.S. dollars at the moment of the transaction.
Coinbase co-founder Fred Ehrsam said that this is a large step forward in the growing momentum of customers paying companies in bitcoin.
The bitcoin broker payment option will be available for DISH customers choosing to make one-time payments on mydish.com starting in the third quarter. Customers will still have the option to make any payment online via credit card, debit card or bank account.
TelecomLead News Team
