Bitcoin (BTC) Payment Tools Come To Block's (XYZ) Square
Square offers US merchants AI voice ordering and zero-fee Bitcoin payments for one year, enabling automatic conversion of up to 50% of sales into Bitcoin, expanding crypto adoption.
- Square, a unit of Block Inc., launched Square Bitcoin and AI-enabled voice ordering, with Bitcoin payments for U.S. sellers starting November 10, 2025, excluding New York State.
- Block Inc. has long pursued a broader crypto strategy driven by Jack Dorsey, CEO, amid rising crypto adoption and Bitcoin Spot ETFs’ seven straight days of over $5.3 billion inflows, eMarketer projects growth.
- Including a built-in wallet, Square Bitcoin waives processing fees through 2026, charges 1% on Jan. 1, 2027, and lets sellers convert up to 50% of daily revenue using the Lightning Network for bitcoin or fiat settlements.
- For merchants, Square Bitcoin could lower costs and speed settlements versus card networks, potentially improving cash flow and reaching more than 4 million merchants on Square's platform.
- Square's strategy unifies crypto transactions and conversational AI within Square's merchant ecosystem, positioning it against PayPal and Shopify as crypto payment users reach 7.1 million U.S. by 2026.
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Square, the point-of-sale system owned by Jack Dorsey’s Block, is announcing a number of new upgrades today—including one that will make it easier for business owners to accept payments in Bitcoin. On Wednesday, the company made three announcements: An expansion of its platform for restaurants (including AI-voice ordering and a bigger, broader Grubhub integration) A conversational AI assistant embedded in its dashboard to answer questions, call…
Bitcoin (BTC) Payment Tools Come To Block's (XYZ) Square
Square, the payment services arm of Block (XYZ), has launched a new set of tools aimed at making bitcoin (BTC) easier to use for small businesses, letting sellers accept crypto payments and manage their digital assets alongside traditional finances, the company announced Wednesday.The offering, called Square Bitcoin, includes three main features: bitcoin payments, automatic bitcoin conversions from card sales, and a native bitcoin wallet built i…
Cointelegraph
Cryptocurrency News | Cryptocurrency Prices | Market CapSquare offers Bitcoin payments for merchants as crypto adoption accelerates
Square’s new Bitcoin integration lets US merchants accept BTC, hold it in-wallet and convert sales, with no fees until 2027.
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