A small step for AT&T, a big step for the adaptation: The 11th largest company in the world accepts Bitcoin. At least indirectly. Because for the BTC acceptance the telecommunications enterprise works together with Bitpay. Bitpay, as it says on the website, implements the payment service on customers’ websites and generates individual invoices depending on the amount.
Customers can then scan a QR code and pay via Bitcoin. Said BTC will then not land on the merchants’ wallets, but will be instantaneously converted to Fiat. This, says Bitpay, eliminates the volatility risk.
Then follow us on Google News!
AT&T is Bitcoin Early Adopter
Now, even the largest telecommunications provider in the world belongs to the customer base of Bitpay. This puts the company in a pioneering role. After all, it’s the first company in its industry to accept Bitcoin.
We have clients using crypto currencies, and we’re glad we can offer them a way to pay their bills using the method they prefer, “said Kevin McDorman, vice president of AT&T Communications Finance Business Operations.
image by Shutterstock
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise