• AT&T integrated Bitpay solution to allow cryptocurrencies as a payment option.
  • The company joins the ranks of other corporations that have already enabled crypto payment.

The US-based telecom giant AT&T has started to accept payments in cryptocurrencies via  Bitpay service, according to the press release published by the company. The crypto payment option is already available for AT&T users through a mobile app or the AT&T website. The customers will see the new option in the myAT&T app or when they log on to their online account

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.

Commenting on the news, the AT&T Vice President of Communications Finance Business Operations Kevin McDorman noted:

“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.”

The crypto community interpreted the news as a signal that mass adoption is gaining traction. It is worth noting, that recently Whole Foods, an American supermarket chain which exclusively sells organic food added crypto as a payment option. Starbucks also allows for buying coffee with coins.

Also, recently, BitPay announced a partnership with Avnet, a global leader of electronic components and services. Due to BitPay integration, the company now accepts payments in Bitcoin (BTC) and Bitcoin Cash (BCH).

 

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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