Jack Dorsey's Block Enables Bitcoin Payments for Millions of Square Sellers

Square Enables Bitcoin Payments for Sellers

Payment processor Square has actually introduced its Bitcoin payment function for sellers, permitting them to choose in and accept Bitcoin at checkout through its point-of-sale system. Jack Dorsey, co-founder of Block, which owns Square, stated in an X post on Monday that with the brand-new function, merchants utilizing Square can get Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin or fiat to fiat payments. At the very same time, Jacob Szym…

Jack Dorsey's Square Launches Bitcoin Payments – U.Today

Former Twitter CEO and cofounder Jack Dorsey has shared an important update with the broader cryptocurrency community. In a post on X, Dorsey highlighted that Square, the payments company, now supports Bitcoin-to-Bitcoin payments. Jack Dorsey’s long-term vision for Bitcoin utility Notably, this means that merchants or sellers using Square can now accept Bitcoin (BTC) as payment for...

Block Launches Global Bitcoin Payments Feature for 4 Million Merchants

Bitcoin has taken a step closer to becoming everyday currency. Block, the payments company that owns Square and Cash App, has introduced bitcoin payment capability for 4 million merchants through its Square Bitcoin feature. It allows merchants worldwide to accept bitcoin at checkout with instant settlement. Sellers will pay no transaction fees until 2027. A BiTBO report on Monday (Nov. 10) said the new platform was first showcased publ…

Square Enables Bitcoin Lightning Payments for 4 Million U.S. Merchants News ETHNews

Key Takeaways Square now allows Bitcoin payments via the Lightning Network with instant USD settlement. Merchants will pay zero fees until 2027, after which a 1% transaction fee applies. The rollout excludes New York due to state-level licensing restrictions. Payments giant Square, owned by Block Inc., has launched Bitcoin payments for its U.S. sellers starting November 10, 2025. The move lets roughly 4 million merchants accept Bitcoin through …

Square Launches a Bitcoin Payment System for 4 Million Merchants in the United States

TL;DR Square has enabled Bitcoin payments for over four million merchants across the United States through the Lightning Network. The feature will be available nationwide except in New York, with zero processing fees until 2026 and a fixed 1% fee starting in January 2027. Transactions are final and cannot be refunded on-chain; Square will handle refunds through digital gift cards. Square has activated Bitcoin payments for more than four million…

Starting today, over 4 million Square sellers can accept Bitcoin at checkout.