Yes, it is not fake news. AT&T customers can now use cyrptocurrency BitPay to pay their online bills. In a step to mainstream adoption of cryptocurrency, AT&T announced today that it would accept payments in crypto, according to a release from the company.
AT&T* 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.
“We’re always looking for ways to improve and expand our services,” said Kevin McDorman, vice president, AT&T Communications Finance Business Operations. “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.”
Customers will be able to select BitPay as a payment option when they log on to their accounts online or with the myAT&T app.
BitPay was founded in May 2011 by Tony Gallippi and Stephen Pair, while Bitcoin was still in its infancy. The duo saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale. BitPay is a bitcoin payment service provider. BitPay provides Bitcoin and Bitcoin Cash payment processing services for merchants. BitPay is currently the largest bitcoin payment processor in the world, serving industry-leading merchants on six continents. Their platform is used daily by hundreds of thousands of bitcoin users.