Payment processor Square has launched its Bitcoin payment feature for sellers, allowing them to opt in and accept Bitcoin at checkout through their point-of-sale system.
Jack Dorsey, co-founder of Block, which owns Square, he said in an X post on Monday that with a new feature, merchants using Square can receive Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin or fiat to fiat payments.
At the same time, Jacob Szymik, account manager at Square, stated that Bitcoin (BTC) payments are currently only available for in-person purchases and point-of-sale terminals, but online and invoicing options are “in the works,” and he teased that updates will be coming soon.
He too repeatedly that there will be no fees until 2027. Previously, Block indicated fees would start at 1% after the period ends. In comparison, credit card processing fees typically range between 1.5% to 4%.
Square teased its Bitcoin payments in October when it launched a conversion feature that allows merchants to convert a percentage of their daily card sales into Bitcoin, both part of its payment and wallet solution, Square Bitcoin. The company previously said it would roll out the service by 2026.
Users who are already using the system
More than four million sellers use Square in eight countries, including the United States, France, the United Kingdom and Japan, according to the company.
Several X users have already reported using the Bitcoin payment feature. Parker Lewis, Head of Business Development for Bitcoin and fiat payment platform Zaprite, he said he saw it work “with his own two eyes and bought coffee” at Medica, a coffee roaster in Texas.
“Great day for Medici, Square, all Square merchants starting to live with Bitcoin and Bitcoin in general. Bitcoiners, support your local Square merchants,” he said.
I was the first customer to pay with bitcoin at My Coffee in Roseburg, Oregon! 🧡 https://t.co/D5mZ8qU70U
— Ryan Finlay (@ryanfinlay) November 10, 2025
Katie Ananina, Marketing Director of the technology platform CitizenX, reported she was the first person to pay using Bitcoin at the same coffee roaster.
“Many of us tried to persuade merchants to accept BTC. It was painful for so many years,” she said. he said in another post.
“You literally had to orange-cuff the person behind the business to the point where they became Bitcoiners themselves and got involved. Square’s move today is absolutely legendary and makes the entry point much lower. Huge!”
Related: Jack Dorsey calls for tax-free status for ‘everyday’ bitcoin payments
A July survey by YouGov found that 37% of 1,000 respondents in the US and UK see payments as the leading use case for crypto and artificial intelligence.
A live map of stores that accept Bitcoins is going live
Dorsey also shared a post from the head of product design at Blocks peer-to-peer payment service Cash App, announcing the launch of a map showing all merchants around the world that accept Bitcoin.
“Convince your local square seller to include Bitcoin acceptance with zero sales fees. Convince them to hold onto Bitcoin to help them survive the fall in the value of the dollar,” Dorsey added.
Magazine: Bitcoin ‘accelerates’ to 56 thousand dollars? Ripple Sheds IPO Plans: Hodler’s Digest, November 2-8
