AT&T Will Now Let Its Users Pay Bills Using Cryptocurrency
The American network provider company, AT&T, has announced that it has partnered with the BitPay payment service to allow people to use their cryptocurrency to pay their AT&T bills. By doing so, AT&T has become the first network company to add cryptocurrency as one of the payment methods for its users. The option has been added to both the AT&T official website as well as the app myAT&T.
Though the company does not accept the crypto payments directly, it has integrated the BitPay payment service to its platform to carry out all the crypto transaction. Also as AT&T has not revealed on which cryptocurrencies it will support, it is quite predictable that it may support all the currencies that are supported by BitPay. The currencies that BitPay support, include Bitcoin, Bitcoin Cash, Gemini USD, Paxos, and Circle’s US Dollar Coin etc.
“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.” the vice president of AT&T Communications Finance Business Operations, Kevin McDorman, said in a statement.
The users who want to pay through their cryptocurrencies just need to go to the BitPay option in the payment method list, and they will be able to easily pay through their cryptos. The app, as well as the website, can take the payment in the form of crypto, or the combination of fiat and crypto. BitPay will be responsible for carrying out the verification and the transaction of the crypto.
Since the company has only provided this facility for the online payments, the other users will need to wait for the payment option to come in stores. Also, for now, there may be only a minority using the payment method as most of the people are still away from using bitcoins or the other digital currencies like the fiat currencies.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.