Those still “hodling” their bitcoin after the cryptocurrency crashed in 2017 are slowly seeing a rebound in its value. Now they can even use the crypto to pay their AT&T phone bill.
On Thursday, AT&T said it’ll begin accepting cryptocurrency for online bill payments. Customers will see the option when logged on to the carrier’s website or the myAT&T app, and BitPay will process any payments. AT&T said it’s the first of the major wireless carriers to accept cryptocurrency.
“We’re always looking for ways to improve and expand our services,” Kevin McDorman, vice president, AT&T communications finance business operations, said in a release. “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 one of the largest blockchain payment processors. For payment, the service will accept Bitcoin and Bitcoin Cash.
AT&T didn’t immediately respond to a request for additional comment.