AT&T customers can now pay phone bills in crypto
US telecommunication and media giant AT&T is now accepting crypto for paying phone bills online. The crypto payments will be processed via BitPay, a platform that converts cryptocurrencies to fiat and currently serves more than 20k businesses.
For now, AT&T customers will be able to choose between Bitcoin and Bitcoin Cash as payment options.
“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.” said Kevin McDorman, vice president of AT&T Communications Finance Business Operations in the official press release.
Judging by the official announcement and early reports, the option to pay with crypto is still not being introduced to other AT&T services (like buying phones or new contracts), nor will BitPay work in AT&T’s brick-and-mortar shops. At the moment, the partnership extends only to paying phone bills online.
The news was generally well received within the crypto community:
...although it did prompt the age-old debate about if companies converting crypto to fiat counts as ‘real adoption’:
Some also considered the fees-upon-fees to make the entire premise unviable:
And as always, the BCH>BTC brigade was in full swing: