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By RTTNews Staff Writer | Published: 1/14/2022 9:14 AM ET
Canadian media and technology company BroadbandTV or BBTV, has launched a new payment solution called "Pay to Crypto" that will enable content creators to receive their earnings in popular cryprocurrencies such as Bitcoin.
The crypto payment solution is claimed to be the first offering of its kind to enable payments in cryptocurrencies at scale to content creators. Receiving a portion or all of their monthly earnings in cryptos will help creators further diversify their income.
The BBTV content creators simply need to provide a compatible crypto wallet address and select their cryptocurrency of choice, and BBTV pays directly to their crypto wallet. The payment solution is being offered to BBTV creators at a competitive fee.
BBTV is leveraging the Netcoins platform to provide Pay to Crypto via a non-exclusive agreement. Netcoins is a subsidiary of software firm BIGG Digital Assets Inc.
The new Pay To Crypto premium payment solution expands on BBTV's financial solutions for creators, which also includes BBTV Fast Pay.
Apart from providing options for creators to finance their growth in innovative ways, BBTV's growing offering of financial solutions leverages its extensive library of content and scale to add incremental gross margin and adjusted EBITDA to the business.
BBTV is the second largest video property by unique viewers across the top 12 countries in the world, according to comScore.
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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.
Article reposted on Markethive by Jeffrey Sloe
