DISH Network Corp (NASDAQ:DISH), a satellite TV provider has announced that it is now accepting Bitcoins as a valid payment method. The Colorado-based company said that it has crafted a special Bitcoin acceptance program to let its customer pay their bills via the digital currency. Discussing this announcement in a program on Bloomberg, Bernard Han, chief executive officer of Dish Network Corp, said that the company has taken this step to facilitate its customers.
“[…] Just like the general population, we asked our employees here who are Bitcoin enthusiasts and they brought the idea up at a meeting we had earlier this year, we looked into it, we thought it would be a good idea, we are all about providing choices and convenience for our customers and whether its features, and programming and making payment so we thought it would be a good idea to do,” said Han.
Han rejected the notion that DISH Network Corp (NASDAQ:DISH) is doing this just make it to the headlines. He said that DISH Network Corp (NASDAQ:DISH) has always been facilitating its tech savvy customers and the company has always been a leader in the technology sector. He added that plans were already in the pipeline and the company has decided that accepting Bitcoins as a valid payment method will bring more ease and exposure to its customers.
Answering the question about the effect of this step on revenue and customer base, Han said that DISH Network Corp (NASDAQ:DISH) just launched its Bitcoin service and it is hard to tell anything about its popularity among DISH Network Corp (NASDAQ:DISH) customers right now. He said that the company is hopeful about the success of this payment service as Bitcoins service is easier and more flexible for the customers.
Han said that amid the security concerns and lack of viability, DISH is not directly accepting Bitcoins rather the company has partnered with Coinbase at this step. Han refused to comment on the questions about any likely acquisition by DISH Network Corp (NASDAQ:DISH).