On May 23, telecom giant AT&T announced that customers can now pay their bills by bitcoin. The firm has become the first major U.S. mobile and landline carrier to accept BCH and BTC for payments.
AT&T Now Accepts Crypto Payments
American multinational telecom conglomerate AT&T allowed users to pay their bills with crypto currencies. Customers can use the AT&T online platform when they log on to their accounts and select Bitpay as a payment option. This allows clients to access the Bitpay invoice portal, where they can select BCH or BTC in order to pay their bills. AT&T's customer base is huge and the firm ranked #9 in the U.S. Fortune 500 rankings based on total revenue.
AT&T decided to accept BCH and BTC because the firm wants to offer payment alternatives to better serve its customers. The vice president of AT&T's communications finance business operations, Kevin Mcdorman, is thrilled to give clients more payment options. "We're always looking for ways to improve and expand our services," Mcdorman detailed during the announcement. The vice president also stated:
"We have customers who use crypto currency, and we are happy we can offer them a way to pay their bills with the method they prefer."
A Major Company Accepting Crypto Is Great News to Most Digital Currency Enthusiasts
Of course, cryptocurrency fans on social media are psyched to hear about AT&T accepting digital currencies. Bitcoin Cash fans over at Reddit forum btc celebrated the large merchant accepting digital currencies after the announcement. "Wow, it's been a while since we've heard of a major company start accepting cryptocurrency payments in a context that isn't through some third party passthrough like Flexa — And this means they accept BCH — Way to go AT&T," one of the btc moderators remarked.
Source from Bitcoin.com, author Jamie Redman
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