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Slingshot does it again: now accepting Bitcoin
Posted on 10-Jul-2014 11:14 | Tags Filed under: News



Last week Slingshot flicked the switch on Global Mode, and now the ISP is offering savvy Kiwi web users the chance to pay their broadband bill with Bitcoin.

Slingshot GM Taryn Hamilton says it’s another unique service that Slingshot wanted to offer its customers. He believes the Bitcoin option will appeal to the small, but passionate Bitcoin user base.

“We’re a web company, so it seems fitting to accept the world’s premier web currency, and just like we did with Global Mode we’re always looking to improve our service and offer our customers access to top notch products.”

Slingshot customers can find the Bitcoin link in the My Account section alongside the company’s more traditional payment options – cash, cheque, bank transfer, and credit card.

Payment will be taken at the current Bitcoin to NZD exchange rate and the customer’s account marked as paid. The transactions will be processed by a third party – Bitpay, with no Bitcoins being held by Slingshot. Slingshot believes it’s the largest New Zealand company to accept Bitcoin.

“The popularity of Bitcoin continues to rise and you can now even purchase them from Bitcoin ATMs like the one located Inside the Mr Barber shop at 360 Queen Street,” says Hamilton.

The practice is also growing in popularity overseas, with more than 30,000 business and charities – including Virgin Galactic and Wordpress – accepting Bitcoin payments.

As well as its market leading broadband prices, including its $89 Unlimited plan, and Global Mode, Slingshot has a range of other innovative products such as Rollover Data and an online storage association with MEGA which adds significant value to its customers.



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