AT&T has become the 1st mobile carrier and one of the biggest companies overall to enable its customers to pay their bills via cryptocurrency. What about you? What innovations are you planning for your own company? Where can you obtain a reliable and affordable bitcoin merchant account? Just follow the lines below to learn more about all this.
AT&T Accepting Crypto Payments
Bitcoin is moving forward on its way towards mass adoption. Now, the major player in the U.S. telecom industry, AT&T, has decided to enable its customers to make bill payments in cryptocurrency, thus pioneering in the space as a U.S. telecom giant.
Specifically, AT&T’s customers will be able to use BitPay for paying their bills. The latter is a service that enables businesses to accept payments in bitcoin, to pay in cryptocurrency, thus facilitating the paying process.
BitPay is used by Microsoft, Virgin, Shopify, and others. Sonny Singh, Chief Commercial Officer at BitPay, has praised such partnership. Singh further notes that large companies are the ones that offer more innovative solutions as compared to smaller companies. As Singh says, smaller companies don’t have a long history in the payments industry.
According to Kevin McDorman, Vice President at AT&T, they’re always on the lookout for ways to offer better services, as well as increase the variety of the services delivered. AT&T has customers who use cryptocurrency, so the company is happy to offer them such opportunity.
The Crypto Industry in the U.S.: Bitcoin Merchant Account
Apart from AT&T, other major corporations based in the U.S. are also accepting cryptocurrency payments. These include Overstock, Expedia, Subway, Shopify, Microsoft, and other major multinational corporations.
What about accepting cryptocurrency for your own company? Why not turn to a respectable payment processor in your space to get the best deal for your business? With a true payment specialist, you can enjoy the most secure bitcoin merchant account at the cheapest rates. So, just take the time to find the right merchant services provider that can help you keep up with the latest developments in the payments field and grow easily.
When it comes to the crypto market, the latest developments in the field have made the bitcoin price grow by 120% since the beginning of the year.
Litecoin has gained over 330% since the same period and is currently surpassing all its crypto peers, including Ether and XRP, and even Bitcoin. Its market cap is approximately $8.4 billion, thus turning the cryptocurrency into the 7th largest digital asset, as Mosaic Research Ltd. Reports.
Now, cryptocurrencies are taking their steps towards the mainstream. They’ve revived this year after mainstream institutions started accepting them widely and there was increased attention from Wall Street.
To sum up, AT&T is now the 1st carrier to enable its customers to pay their bills via cryptocurrency. Users are given an opportunity to log in to their AT&T account and use BitPay to make a payment. AT&T customers can make payments over the internet with the help of myAT&T app. To get the best cryptocurrency payment services for your own company, just work with a reputable payment processor in your field.
Author Bio: Electronic payments expert Blair Thomas is the co-founder of high risk payment processing company eMerchantBroker that can best help you with a bitcoin merchant account in the industry. He’s just as passionate about his business as he is with traveling and spending time with his dog Cooper.