You can now pay your AT&T phone bill with crypto, but do you want to?
The world’s largest telecom multinational, AT&T, announced today that it 'will now accept online bill payments through BitPay, a respected cryptocurrency payment processor'.
In a press release, the second largest provider of mobile telephone services, AT&T, claims to be the very first mobile carrier that will accept payments in cryptocurrency, and this through BitPay, a well-known cryptocurrency payment processor.
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
'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.'
AT&T's 150 million+ customers can now choose to use their Bitcoin to pay their phone bills. They will be able to select BitPay as a payment option when they log on to their accounts.
However, you might want to rethink that. Do you really want to spend your BTC on a phone bill? Make sure to let us know in the poll below.
Twitter user, Alan blake, certainly seems to thinks it is a ridiculous idea.
to me, it seems ridiculous to spend any crypto asset right now with the market so young, especially on a phone bill. Dont! You are just giving AT&T your assets to own during what could be the bull run of all bull runs. #hodl— Alan Blake (@papageordy) May 23, 2019
BitPay is a popular Bitcoin payment service provider headquartered in Atlanta, Georgia, United States, that allows users to pay with combinations of fiat and cryptocurrencies. Card holders can choose between Bitcoin and Bitcoin Cash.
Chepicap previously reported that BitPay announced a partnership with Refundo, a tax related financial products company, which will enable people to get a portion of their tax return back in Bitcoin.
BitPay in new partnership allows you to receive tax return in BTC : https://t.co/iXgz8DEHqf $BTC pic.twitter.com/5GbGZ15ODs— Chepicap (@Chepicap) May 1, 2019
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