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- Square now enables Bitcoin payments through its POS system for in-person sales.
- Merchants pay zero fees until 2027, with online support coming soon.
- The rollout could bring Bitcoin commerce to millions of sellers globally.
Square, the payments company owned by Jack Dorsey’s Block, has officially launched Bitcoin payments for merchants, marking one of the biggest steps yet toward everyday Bitcoin (BTC) use. Sellers can now accept Bitcoin directly through Square’s point-of-sale system, giving them the flexibility to receive payments in Bitcoin or fiat currency.
Bitcoin at Checkout — Simple and Fee-Free Until 2027
Jack Dorsey announced the rollout on X, highlighting that merchants can now process Bitcoin-to-Bitcoin, Bitcoin-to-fiat, fiat-to-Bitcoin, or fiat-to-fiat transactions. According to Square account executive Jacob Szymik, the new feature is currently available only for in-person purchases but online and invoicing support is coming soon.
Square also confirmed there will be no fees until 2027, after which a modest 1% rate will apply — still lower than traditional credit card fees that range from 1.5% to 4%. This fee-free period could help drive rapid adoption among Square’s more than four million sellers worldwide.
Real-World Bitcoin Payments Take Off
Merchants have already started using the feature. Parker Lewis from Zaprite confirmed buying coffee with Bitcoin (BTC) at Medici, a Texas-based roaster using Square’s new system. “Great day for Medici, Square, and Bitcoin,” he said. CitizenX executive Katie Ananina, who also paid at Medici, called the update “absolutely legendary,” noting how it removes the friction that once made onboarding merchants difficult.
The rollout builds on Square’s earlier Bitcoin initiatives, including an October feature allowing sellers to automatically convert a portion of daily card sales into Bitcoin.
Dorsey Pushes for a Global Bitcoin Economy
Alongside the payment launch, Square introduced a live map through Cash App showing all Bitcoin-accepting merchants worldwide. Dorsey urged users to “convince your local Square seller to turn on Bitcoin acceptance for zero fees” and to “keep it as Bitcoin to survive dollar debasement.”
Also Read: Cryptocurrency Trading Strategies: How to Trade Bitcoin, Ethereum & Altcoins in 2025
With Bitcoin (BTC) payments now integrated into one of the most widely used merchant platforms, Square may have just lowered the barrier for millions of small businesses to step into crypto commerce.
Square’s move transforms Bitcoin from a speculative asset into a real-world currency option. For merchants and customers alike, this is more than a payment update — it’s a signal that Bitcoin is ready for everyday use.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
