On May 23, AT&T, the second largest mobile operator, the largest fixed-line operator in the United States, announced the launch of crypto payments support via BitPay payment system.
The company became the first major US mobile operator offering the option of paying for services in cryptocurrency. At the same time, the new method of payment, in fact, will not fundamentally differ from the already existing traditional methods - customers will only need to select required payment option in their personal account on the AT&T website or in a mobile application and continue to follow simple recommendations.
The operator of payments BitPay gives companies the opportunity to accept two cryptocurrencies - Bitcoin and Bitcoin Cash. After charging 1% commission, BitPay enables payments in outlets using 8 fiat currencies and 5 cryptocurrencies (Bitcoin, Bitcoin Cash, Gemini Dollar, USD Coin and Paxos Standard).
Kevin McDorman, vice president, AT&T Communications Finance Business Operations commented on the news:
“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 introduction of Bitcoin in such a large company is certainly an important step towards the development of cryptocurrencies as a full-fledged payment instrument, as well as universal acceptance in the world community.