U.S. telecom giant AT&T announced in a press release today that its customers will now be able to use BitPay to make online bill payments in cryptocurrency. With the announcement, the company declared itself the “first major U.S. mobile carrier” to offer its customers the ability to pay bills with digital currency.
According to AT&T Communications Finance Business Operations vice president Kevin McDorman, the move is designed to improve services and accommodate customers who use digital currency:
“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.”
BitPay is a cryptocurrency payment processor that enables business to accept online Bitcoin payments. AT&T customers who log into their accounts will be able to select BitPay to make a payment using Bitcoin. BitPay then converts that payment to fiat currency for AT&T.