SNEAK PEEK
- Netflix and Spotify now support SHIB as payment for subscriptions owing to NOWPayments’ recurring invoicing tool.
- The tool has allowed individuals, businesses and services to send recurring bills in SHIB to users worldwide.
- Companies can plan how frequently to send repeating emails to customers for payments related to their products or services.
In September, Today NFT News reported that NOWPayments POS Terminal Can Now Accept Shiba Inu. Now the cryptocurrency payment gateway has something amazing for users of subscription services.
The recurring invoicing tool of NOWPayments has made it possible to pay for Spotify and Netflix monthly subscriptions via Shiba Inu. Moreover, businesses that operate subscription services can also enable clients to pay for subscriptions using SHIB.
Got a lot of subscriptions? Monthly @netflix and @spotify?
— NOWPayments (@NOWPayments_io) December 27, 2022
⚡️ How cool would that be if you could pay for those with $SHIB by @Shibtoken?#SHIBARMY, here’s how to accept #crypto payments with #SHIB
👇👇👇https://t.co/J5HYDeUDIU
Recurring custodial payments of NOWPayments can be used by businesses and individuals too. By using recurring custodial payments, they can set up separate billing accounts for customers or users and let them top up such accounts using their preferred cryptocurrency to make the payment.
Use of SHIB for payment purposes is increasing and ranges from car dealerships to the overall metaverse, which is being developed by Shiba Inu.
Owners of SHIB can utilize their assets to purchase luxury cars from brands like Bentley, Aston Martin, Koenigsegg hypercars, and more, thanks to the collaboration of Exclusive Automotive Group with BitPay.
Currently, the use cases are not enough in terms of fulfilling the requirements of SHIB owners. Also, more and more businesses must integrate SHIB payments.
The burn rate of Shiba Inu is up 68% since millions of SHIB are transferred to dead wallets. Approximately 22,465,336 SHIB tokens were burned in the past 24 hours, and the number of transactions made was eight.
Ever since a lead developer at Shiba Inu has announced news of Layer 2 solution, Shibarium, releasing soon, users’ expectations are quite high.
Happy Holidays to more than half the 🌎. Wen Shibarium? Please know it will come very soon*, but not during a crucial time for people to spend with their family (or the resulting New Years party time). Enjoy these next days, next year is an important one for humanity.
— Shytoshi Kusama™ (@ShytoshiKusama) December 24, 2022
