The popular website Chess.com used to accept , but like many other well-known merchants it dropped the payment option. Now after some discussion with an avid Cash (BCH) proponent, the website is accepting BCH for payments for its diamond, platinum and gold memberships.
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Chess.com Adds bitcoin Payments for Premium Memberships After a BCH Supporter Convinces the CEO
This week BCH supporters were pleased to hear that one of the moderators of the Reddit forum r/ () had convinced the owner of to accept cash for subscriptions. Chess is an extremely popular game worldwide and the Chess.com URL attracts millions of visitors on a monthly basis. According to Alexa rating statistics, Chess.com has a global rank of 577 at the time of writing and there are over 1 million chess games played every day. Not only does the website allow people to play chess together online but it also has a forum, articles, strategies, videos, and other chess-related resources. The owner of the website is a believer in and at one time the business used to accept for membership payments. However, much like many other firms that dropped over the last two years, Chess.com disabled the option.
After a bit of convincing, Chess.com’s owner has now (BCH) and using Bitpay, the moderator of r/ announced. BCH supporters were thrilled to hear that a popular website like Chess.com was willing to add crypto payments once again. After the post was published to Reddit, the next day Erik Allebest, the CEO of Chess.com, noticed about 100 emails in his inbox. It seems his company has to submit KYC verification in order to accept Chess.com membership payments. Nevertheless, Allebest created the and he hopes to have things up and running by next week.
“I’m very sorry that so many of you tried to pay and support us and could not and I will update you when we get it resolved,” Allebest .
Spreading Real Use Cases and Merchant Acceptance
Because of the positive from Chess.com, following the announcement a few BCH supporters said they planned to attempt to get companies like Steam onboard with crypto again. During the last two years, a slew of well-known companies like Dell, Steam, and Expedia have all stopped accepting for payments. Last August, Chainalysis that merchant use dropped by 85 percent. A recent published by Longhash.com on Feb. 25 also noted that is processing fewer payments per month than it was in 2016.
Chess.com started accepting more than for premium memberships and Allebest is known for operating the website in a forward-thinking fashion. Allebest explained on Feb. 28 that the company had originally disabled payments because deprecated payment links and “volumes had shrunken a lot after the value correction.” The BCH community is attempting to rekindle the fire for crypto merchant that once had and wholeheartedly believe real use cases and merchant acceptance are some of the best ways to spread mass .
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Published at Sat, 02 Mar 2019 22:43:26 +0000
