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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 integrates Bitcoin into its ecosystem so businesses can accept payments in the main cryptocurrency, automate conversions and manage their finances from a single platform. *** The “Square Bitcoin” initiative will allow businesses to accept payments in BTC without commissions during the first year. Businesses will be able to convert up to 50% of their daily sales into bitcoin automatically. The launch reflects the growth in the use of crypt…

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restaurantdive.com broke the news in on Wednesday, October 8, 2025.
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