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Digital Subscribers on TIME Magazine can now pay with crypto
Last Updated: 20 April 2021
TIME magazine has allowed its subscribers to make payments using their crypto assets. This move will be possible after its partnership with cryptp.com.
TIME Magazine has collaborated with crypto.com in a bid to start accepting payments in crypto. Crypto.com is a popular digital currency platform whose users will now use their crypto holdings to pay for their subscriptions to TIME Magazine. Users can now make a one-time payment for the 18-month digital subscription for the magazine.
To motivate its users to adopt this new payment option, TIME Magazine will issue 10% cashback to users who use crypto.com to make a purchase. TIME Magazine’s subscription goes for $49. However, this payment option is only available to users in Canada, and the U.S. Global access is expected to commence in July this year.
A media brand now accepts cryptocurrency for digital subscriptions
Photo Credit: Pixabay
Global media brand TIME will accept cryptocurrency as a form of payment for digital subscriptions. The company has associated with 2016-founded Crypto for the same. This option of payment is limited to the United States and Canada, in several months this will be extended for global subscribers.
The brand in a note stated subscribers who decide to pay with cryptocurrency will receive unlimited access to content across Time.com for 18 months with their one-time purchase, as well as subscriber-only events and offerings.
âWe are thrilled to offer cryptocurrency as a payment option for our digital subscribers for the first time,â said TIME Chief Technology Officer Bharat Krish.
Place/Date: - April 19th, 2021 at 12:54 pm UTC · 3 min read Contact: TIME,
Source: TIME
Today, TIME will begin accepting cryptocurrency as a form of payment for digital subscriptions through a new partnership with Crypto.com.
Subscribers who elect to pay with cryptocurrency will receive unlimited access to content across Time.com for 18 months with their one-time purchase, as well as subscriber-only events and offerings. Currently, purchasing a subscription through cryptocurrency is only available in the U.S. and Canada, with global access to roll out in the next several months.
In support of the partnership, Crypto.com will offer Pay Rewards of up to 10% back for subscribers who elect to pay using CRO, the Crypto.org Coin.
Crypto.com s users can now get a digital subscription of TIME with its CRO coin.
In a new partnership announced with Crypto.com, a crypto exchange platform, TIME Magazine plans to allow users of the platform purchase its digital subscriptions with Crypto.com s CRO coin.
Those who use CRO for the digital subscription will will earn up to 10% back on their purchase of the $49 magazine. The crypto payment will get the user unlimited access to content on Time.com, including subscriber-only events and offerings. Crypto payments this way are only available for US or Canadian residents, though a worldwide rollout is planned for July 2021.