TLDR
- Square Bitcoin allows merchants to accept Bitcoin payments with zero fees.
- Merchants can automatically convert 50% of sales into Bitcoin with Square.
- Square Bitcoin Wallet enables buying, selling, and managing Bitcoin easily.
- Bitcoin Payments roll out to U.S. merchants on November 10, 2025.
Square has introduced a new platform, Square Bitcoin, designed to provide merchants with a comprehensive set of tools for accepting Bitcoin. This integration allows businesses to process Bitcoin payments, automatically convert sales into Bitcoin, and manage their cryptocurrency holdings directly from the Square dashboard. The platform promises to make it easier for merchants to incorporate Bitcoin into their operations with minimal fees and seamless management.
Square Bitcoin: A Comprehensive Platform for Merchants
Square Bitcoin combines three essential tools into a single platform for merchants: Bitcoin Payments, Bitcoin Conversions, and a native Bitcoin Wallet. With this new offering, Square aims to simplify Bitcoin transactions for businesses, reducing the complexity often associated with cryptocurrency payments.
The Bitcoin Payments feature enables merchants to accept Bitcoin directly at checkout. Importantly, Square has eliminated processing fees for Bitcoin payments, making it a cost-effective option for businesses that want to expand their payment methods. This feature will be available to U.S. sellers starting November 10, 2025. For now, Square is working with eligible businesses to offer Bitcoin Conversions.
Bitcoin Conversions: Simplifying Crypto Management for Merchants
One of the standout features of the new platform is Bitcoin Conversions, which allows businesses to convert up to 50% of their daily card sales into Bitcoin automatically. This functionality eliminates the need for merchants to manually purchase Bitcoin, helping them integrate cryptocurrency into their finances without significant effort.
“Square Bitcoin is about giving merchants the flexibility to adopt Bitcoin in a way that fits their business needs,” said a Square spokesperson. The feature offers businesses a simple way to build Bitcoin holdings over time without needing to engage in complex transactions.
Bitcoin Wallet Integration for Easy Management
Square Bitcoin also includes a native Bitcoin Wallet, allowing businesses to buy, sell, hold, and withdraw Bitcoin directly within their Square dashboard. This integration ensures that business owners can manage both their traditional finances and cryptocurrency holdings in one place.
The Wallet feature provides flexibility for businesses, giving them control over how they handle Bitcoin without needing to rely on external platforms or third-party wallets. This is especially useful for merchants who want to keep their Bitcoin operations separate from their regular finances but still integrated within the same system.
Rolling Out Bitcoin Payments to U.S. Merchants
Bitcoin Payments will officially roll out to U.S. sellers on November 10, 2025. Merchants who are eligible for the service can begin accepting Bitcoin as a payment method without incurring any processing fees. This rollout comes after Square’s successful introduction of Bitcoin Conversions, which is already available to qualifying businesses.
Square has emphasized that the new platform is designed to be user-friendly, making it accessible even to businesses with limited experience in cryptocurrency. By integrating Bitcoin payments directly into the Square ecosystem, the company aims to make it easier for businesses to take advantage of digital currency.
Square’s move to incorporate Bitcoin into its offerings reflects the increasing adoption of cryptocurrency in the business world. With Bitcoin Payments and Conversions, Square is positioning itself as a key player in the growing market for digital payments.
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