Twitch did not update customers on the removal, but its terms and conditions state that it will make “other” payment methods available “from time-to-time”, suggesting that crypto payments were only a temporary measure.
The removal highlights an ongoing issue between merchants and cryptocurrency, with heightened volatility often seen as a risk to retailers receiving payments in the form of digital assets.
The user wrote: “Well, I’m taking action now, cancelled all my subs and sent them a ticket,” before adding, “Sometimes I’ve subbed using BCH (Bitcoin Cash).”
Another streaming service, StreamLabs, which allows users to stream simultaneously across YouTube, Twitch, and other platforms, also removed BitPay as a payment method.
Coin Rivet has reached out to Twitch for a comment and will update this article accordingly once a reply is received.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.