Jack Dorsey’s Square has just opened up 4M merchants to Bitcoin

2 hours ago

Payment processor Square has launched its Bitcoin outgo diagnostic for sellers, allowing them to opt successful and judge Bitcoin astatine checkout done its point-of-sale system.

Jack Dorsey, co-founder of Block, which owns Square, said successful an X station connected Monday that with the caller feature, merchants utilizing Square tin receive Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin oregon fiat to fiat payments.

At the aforesaid time, Jacob Szymik, an relationship enforcement astatine Square, stated that Bitcoin (BTC) payments are presently lone disposable for in-person purchases and point-of-sale terminals, but online and invoicing options are “in the works,” and teased that updates would beryllium coming soon.

He besides reiterated that determination volition beryllium nary fees until 2027. Previously, Block indicated fees would commencement astatine 1% erstwhile the play expires. In comparison, recognition paper processing fees typically scope betwixt 1.5% to 4%.

Square teased its Bitcoin payments successful October erstwhile it launched a conversion diagnostic allowing sellers to person a percent of their regular paper income into Bitcoin, some of which are portion of its outgo and wallet solution, Square Bitcoin. The institution had antecedently said it would roll retired the work by 2026.

Users already utilizing the system

More than 4 cardinal sellers usage Square crossed 8 countries, including the United States, France, United Kingdom and Japan, according to the company.

Several X users person already reported utilizing the Bitcoin outgo feature. Parker Lewis, the caput of concern improvement astatine Bitcoin and fiat outgo level Zaprite, said helium has seen it operating “with my ain 2 eyes and bought coffee” astatine Medici, a java roaster successful Texas.

“Great time for Medici, Square, each the Square merchants going unrecorded with Bitcoin and Bitcoin successful general. Bitcoiners, enactment your section quadrate merchants,” helium said.

I was the archetypal lawsuit to wage with bitcoin astatine My Coffee successful Roseburg Oregon! 🧡 https://t.co/D5mZ8qU70U

— Ryan Finlay (@ryanfinlay) November 10, 2025

Katie Ananina, the main selling serviceman astatine tech level CitizenX, reported she was the archetypal idiosyncratic to wage utilizing Bitcoin astatine the aforesaid java roaster.

“Many of america tried to onboard merchants to judge BTC. For truthful galore years, it was painful,” she said successful different post.

“You virtually had to orangish pill the idiosyncratic down the concern to the widen wherever they themselves go Bitcoiners and get onboard. Today’s Square determination is perfectly legendary and makes the introduction constituent truthful overmuch lower. Huge!”

A July YouGov survey recovered that 37% of the 1,000 respondents successful the US and the UK presumption payments arsenic a starring usage lawsuit for crypto and artificial intelligence.

Live representation of Bitcoin-accepting shops goes live

Dorsey besides shared a station from the caput of merchandise plan astatine the Blocks peer-to-peer payments work Cash App, announcing the motorboat of a representation that shows each merchants worldwide that judge Bitcoin.

“Convince your section quadrate seller to crook connected Bitcoin acceptance for zero fees connected sales. Convince them to support it arsenic Bitcoin to assistance them amended past dollar debasement,” Dorsey added.

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