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Data from cordcuttersnews.com indicates that Sling surpassed 2.55 million subscribers in September 2021.
Sling television monthly subscribers can pay for their subscription with bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), wrapped bitcoin (WBTC), dogecoin (DOGE), and litecoin (LTC). Additionally, Sling clients can opt to pay with the stablecoins GUSD, USDC, USDP, DAI, and BUSD.
Over the last year, well known brands such as Universal Air Travel Plan (UATP), Sheetz convenience stores, Phillips Auction House, Verifone, Sotheby’s, RM Sotheby’s, American Residential Warranty (ARW), and Tifon gas stations have added crypto payment support. In mid-January this year, a survey conducted by Visa indicates that one in four businesses polled planned to accept crypto payments this year.
New users have to pay with a traditional payment method one time and then the next month the crypto payment option will be made available to the monthly subscriber.
“Sling customers can only make one monthly, manual payment with Bitpay, but will have the choice to prepay for one to six months at a time,” Sling’s summary of the new payment system concludes.
Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions https://news.bitcoin.com/streaming-service-sling-tv-adds-crypto-payment-support-for-monthly-subscriptions/
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Opinion:
BitPay was a horrible choice. BitPay has a history of being a bad actor in the space (e.g., opposed SegWit) and are a purveyor of shitcoins (and therefore will never add Lightning network support). OpenNode, or another from the handful of other merchant payment processors out there, would have been a much better choice.
“Sling customers can only make one monthly, manual payment with Bitpay, but will have the choice to prepay for one to six months at a time,” Sling’s summary of the new payment system concludes.
Sling is also a horrible choice. So they accept bitcoin and cryptocurrencies only for prepaid subscription plans (with a one-time on-demand payment so that the current month's post-pay bill can be paid off, and then prepayment for subsequent months can be performed).
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