Square merchants can now accept Bitcoin payments via POS terminals.
No transaction fees will apply until 2027, making early adoption attractive.
The feature currently supports in-person payments, with online support coming soon.
A new global Bitcoin merchant map helps users locate participating sellers.
This launch strengthens Square’s leadership in bridging crypto and mainstream commerce.
Payment processor Square, owned by Block, Inc., and co-founded by Jack Dorsey, has introduced a new Bitcoin payment feature for its merchant base.
Source: X (@Square)
The update lets sellers opt in to accept Bitcoin (BTC) through Square’s POS terminals, offering flexible options such as:
Bitcoin to Bitcoin
Bitcoin to Fiat
Fiat to Bitcoin
Fiat to Fiat
Dorsey emphasized that this feature aligns with Square’s mission to make Bitcoin more accessible for everyday commerce.
Jacob Szymik, account executive at Square, revealed that Bitcoin payments are currently limited to in-person transactions, but support for online checkouts and invoices is “in the works.”
In a major incentive for adoption, Square merchants won’t pay any transaction fees until 2027. After that, the company plans to introduce a 1% fee, which remains significantly lower than traditional credit card fees (1.5%–4%).
This zero-fee window gives sellers a powerful reason to explore Bitcoin as a payment option, reducing costs while attracting crypto-savvy customers.
Square’s move didn’t come out of nowhere. Back in October, the company rolled out a conversion feature that allowed merchants to automatically convert a percentage of their daily card sales into Bitcoin.
This was an early sign of the broader rollout of Square Bitcoin, the platform’s payment and wallet solution.
Originally expected by 2026, the launch arriving ahead of schedule underscores Square’s commitment to expanding its crypto capabilities for merchants worldwide.
Currently, more than four million Square merchants operate across eight countries, including the United States, France, the United Kingdom, and Japan.
Early reports from users show that Bitcoin payments are already live in several retail locations across the U.S.
Several users on X have already shared firsthand experiences using the new Bitcoin feature. Parker Lewis, head of business development at Zaprite, confirmed he used Bitcoin to buy coffee at Medici, a roaster in Texas.
Lewis wrote:
“Great day for Medici, Square, all the Square merchants going live with Bitcoin and Bitcoin in general. Bitcoiners, support your local Square merchants.”
Katie Ananina, Chief Marketing Officer at CitizenX, echoed the excitement, noting that onboarding merchants to accept Bitcoin had long been a challenge.
She said:
“For so many years, it was painful. Today’s Square move is absolutely legendary and makes the entry point so much lower. Huge!”
Jack Dorsey also shared news of a new live map showing all Bitcoin-accepting merchants worldwide through Cash App’s product design team. This visual tool helps Bitcoin users discover local businesses that have enabled Bitcoin payments.
Source: X (@jack)
Dorsey encouraged users to promote Bitcoin adoption, writing:
“Convince your local Square seller to turn on Bitcoin acceptance for zero fees on sales. Convince them to keep it as Bitcoin to help them better survive dollar debasement.”
A July YouGov survey found that 37% of respondents in the U.S. and U.K. see payments as one of the most promising use cases for both cryptocurrency and AI.
Square’s Bitcoin payment launch directly taps into this sentiment, making it easier than ever for sellers to experiment with digital currencies.
As the ecosystem matures, Square merchants could play a vital role in bridging traditional and decentralized finance.
Yes, the Bitcoin payment feature is now available to all in-person Square merchants. Online and invoicing support will be added soon.
No. Square merchants will enjoy zero transaction fees until 2027, after which a 1% fee may apply.
The rollout covers merchants in eight countries, including the U.S., U.K., France, and Japan.
Yes. Merchants can opt to receive payments in Bitcoin, fiat currency, or a combination of both.
You can view them on the new live map launched by Cash App, showcasing Bitcoin-enabled sellers worldwide.
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