US telecom and media juggernaut AT&T has announced that it will now be accepting cryptocurrency as payment for phone bills.
According to an official press release, AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay.
BitPay is a platform that converts cryptocurrencies to fiat and is used by more than 20,000 businesses worldwide. AT&T is reportedly the first United States-based business in the wireless network industry to offer bill payments with BitPay.
AT&T is the First Mobile Carrier to Accept Payment in Cryptocurrency: Customers Can Now Use BitPay to Pay Online Bills https://t.co/ErPtng2ELz
— BitPay (@BitPay) May 23, 2019
Bitcoin and Bitcoin Cash accepted
BitPay is an online payment service that provides Bitcoin and Bitcoin Cash payment processing solutions for businesses. The firm has created a seamless and secure Bitcoin payment service that thousands of cryptocurrency users and businesses experience and use every day.
AT&T customers have been notified that they will now be able to select BitPay as a payment option when they log on to their online accounts or through the myAT&T app.
Kevin McDorman, Vice President of AT&T Communications Finance Business Operations, said: “We’re always looking for ways to improve and expand our services. We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.”
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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.