TL;DR: AT&T announced it “will now accept online bill payments through BitPay, a respected cryptocurrency payment processor. AT&T becomes the first major U.S. mobile carrier to provide a cryptocurrency payment option to customers,” it claimed.
AT&T Claims First to Accept Payment in Cryptocurrency
AT&T customers can now use BitPay to pay online bills. That’s the word today from the largest telecommunications company in the world. “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,” Kevin McDorman, vice president, AT&T Communications Finance Business Operations, explained.
BitPay is a popular crypto payments processor that eases onboarding for businesses while partnering through the traditional banking system. It’s a liaison between notorious price volatility and most users’ need to pay with combinations of fiat and cryptocurrencies. Card holders can choose between bitcoin cash (BCH) and bitcoin core (BTC).
AT&T has been around for more than three decades, and is headquartered in Dallas, Texas. It ranks second in mobile service, and remains the biggest provider of landlines in the United States. Its holdings include WarnerMedia, and when all totaled it is the largest media and entertainment company on the globe. It also has more than a quarter million employees, and its 2018 revenues were north of $170 billion.
DISCLOSURE: The author holds cryptocurrency as part of his financial portfolio, including BCH.
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