AT&T Partners with BitPay as First Mobile Carrier to Accept Cryptocurrency Payments Online
AT&T, the American multinational telecommunication company, announced that it will be the first firm to accept online bill payments through BitPay, one of the most popular cryptocurrency payment processors. In this way, AT&T became the first major U.S. mobile carrier that provides a crypto payment option to its customers. The information was released by the company in a press release.
AT&T and BitPay Sign Partnership To Offer Crypto Payments
AT&T, the largest telecommunications company in the world, is currently accepting digital assets as a means of payment for its goods and services. Kevin McDorman, vice president at AT&T Communications Finance Business Operations, explained that they are always searching new methods to improve and expand their services.
During a conversation with CoinDesk, an AT&T spokesperson said:
“BitPay provides payment processing services for merchants and is one of the largest bitcoin payment processors in the world. Our customers are on this platform and we are always looking for different ways to better serve our customers.”
The firm wants to offer a variety of services for customers and crypto users. Customers will be able to select BitPay as a payment option when they try to log on their accounts online or with the AT&T application.
It is very important for virtual currencies to have companies that allow users to spend their digital assets. Until now, Bitcoin didn’t reach mass adoption, but companies such as AT&T offering crypto services to users would help increase adoption in the market.
This isn't the first time AT&T has jumped into Blockchain and Cryptocurrency. They partnered with IBM and Microsoft Azure back in September for a suite of tech solutions.
BitPay is one of the most popular crypto payment services in the market. It allows merchants and users to pay and receive payments in digital assets, including Bitcoin.
We have contacted AT&T to know more about this new implementation but we didn’t receive any answer at press time. We also reached out to BitPay, and Sonny Singh, BitPay's Chief Commercial Officer shared:
Working with AT&T was an amazing experience for the BitPay team. We look forward to working with them as they accept bitcoin as a payment option.
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