Cost processor Square has launched its Bitcoin fee function for sellers, permitting them to choose in and settle for Bitcoin at checkout by its point-of-sale system.
Jack Dorsey, co-founder of Block, which owns Square, said in an X submit on Monday that with the brand new function, retailers utilizing Square can receive Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin or fiat to fiat funds.
On the similar time, Jacob Szymik, an account government at Square, stated that Bitcoin (BTC) funds are presently solely out there for in-person purchases and point-of-sale terminals, however on-line and invoicing choices are “within the works,” and teased that updates could be coming quickly.
He additionally reiterated that there will likely be no charges till 2027. Beforehand, Block indicated charges would begin at 1% as soon as the interval expires. Compared, bank card processing charges sometimes vary between 1.5% to 4%.
Square teased its Bitcoin payments in October when it launched a conversion function permitting sellers to transform a proportion of their every day card gross sales into Bitcoin, each of that are a part of its fee and pockets answer, Square Bitcoin. The corporate had beforehand mentioned it will roll out the service by 2026.
Customers already utilizing the system
Greater than 4 million sellers use Square throughout eight international locations, together with the USA, France, United Kingdom and Japan, in accordance with the corporate.
A number of X customers have already reported utilizing the Bitcoin fee function. Parker Lewis, the pinnacle of enterprise improvement at Bitcoin and fiat fee platform Zaprite, said he has seen it working “with my very own two eyes and purchased espresso” at Medici, a espresso roaster in Texas.
“Nice day for Medici, Square, all of the Square retailers going reside with Bitcoin and Bitcoin basically. Bitcoiners, help your native sq. retailers,” he mentioned.
I used to be the primary buyer to pay with bitcoin at My Espresso in Roseburg Oregon! 🧡 https://t.co/D5mZ8qU70U
— Ryan Finlay (@ryanfinlay) November 10, 2025
Katie Ananina, the chief advertising officer at tech platform CitizenX, reported she was the primary particular person to pay utilizing Bitcoin on the similar espresso roaster.
“Many people tried to onboard retailers to simply accept BTC. For thus a few years, it was painful,” she said in one other submit.
“You actually needed to orange capsule the particular person behind the enterprise to the lengthen the place they themselves turn out to be Bitcoiners and get onboard. As we speak’s Square transfer is completely legendary and makes the entry level a lot decrease. Enormous!”
Associated: Jack Dorsey urges tax-free status for ‘everyday’ Bitcoin payments
A July YouGov survey found that 37% of the 1,000 respondents within the US and the UK view funds as a number one use case for crypto and synthetic intelligence.
Reside map of Bitcoin-accepting retailers goes reside
Dorsey additionally shared a submit from the pinnacle of product design on the Blocks peer-to-peer funds service Money App, asserting the launch of a map that reveals all retailers worldwide that settle for Bitcoin.
“Persuade your native sq. vendor to activate Bitcoin acceptance for zero charges on gross sales. Persuade them to maintain it as Bitcoin to assist them higher survive greenback debasement,” Dorsey added.
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