AT&T is allowing its customers to pay their mobile bills using Bitcoin, adding its name to a short list of major businesses and government agencies that allow the blockchain-based cryptocurrency to be used as a form of payment.
They’re not accepting the cryptocurrency directly but just using a third-party to do it.
The customers that uses the online bill pay service will be able to choose BitPay, a cryptocurrency payment processor for payments.
“We’re always looking for ways to improve and expand our services,” Kevin McDorman, vice president of AT&T Communications Finance Business Operations, said in a statement. “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.”
“According to AT&T, they have customers interested in making cryptocurrency payments and I believe that to be true,” Litan continued. “There’s an entire generation of millennials that is more open to using digital cash, and protecting themselves from global political unrest and government censorship and control. AT&T is right to assume that many of these individuals, for lots of reasons, will want to pay their phone bill using cryptocurrency.”