Cryptocurrency is apparently on the minds of the biggest companies all over the world. Every day we are seeing successful, multinational businesses jump into the crypto game. AT&T just announced that they will start accepting Bitcoin and Bitcoin Cash for payments.
Kevin McDorman, AT&T’s vice president of Communications Finance Business Operations said the company is reaching out for new and innovative ways to serve its customers.
“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.”
To make the crypto payments possible, AT&T is partnering with BitPay.
BitPay has more potential partnerships than just AT&T on their plate. BitPay’s CCO, Sonny Singh, praised AT&T for making the move into the crypto world and explained that the interest is spreading.
“The big companies want to learn. We’ve met with executive teams at many Fortune 500 companies to explain to them how it works and we brainstorm on how we can work together.”
AT&T is not alone in its foray into the cryptocurrency world. Major retailers such as Starbucks, Whole Foods and Overstock have all begun accepting crypto payments and the demand for crypto payment services continues to grow.
Noted Bitcoin advocate Anthony Pompliano AND Binance’s CZ were excited about the news.
Not a small company, not a small user base. It’s spreading… https://t.co/orSdv20RK0
— CZ Binance (@cz_binance) May 24, 2019
Industry leaders are beginning to realize that blockchain technology and cryptocurrencies can be used to the advantage of both businesses and customers.
As Anthony Pompliano puts it, “are you going to bet against the most successful companies & investors in the world?”