Payment processor Square has launched a Bitcoin payment feature for merchants, allowing them to opt-in to accept Bitcoin at checkout through their point-of-sale system.
Jack Dorsey, co-founder of Block, which owns Square, said in an X post on Monday that the new feature will allow merchants using Square to accept Bitcoin-to-Bitcoin, Bitcoin-to-fiat, fiat-to-Bitcoin, and fiat-to-fiat payments.
At the same time, Square account executive Jacob Simic said Bitcoin (BTC) payments are currently only available for in-person purchases and at point-of-sale terminals, but that online and invoice options are “in development,” hinting that updates are coming soon.
He also reiterated that there will be no fees until 2027. Block previously indicated that fees would start at 1% once the term ends. By comparison, credit card processing fees typically range from 1.5% to 4%.
In October, Square announced that it would begin accepting payments in Bitcoin by launching a conversion feature that allows merchants to convert a portion of their daily card sales into Bitcoin. Both are part of the company’s payments and wallet solution, Square Bitcoin. The company previously said it would roll out the service by 2026.
Users already using the system
The company says more than 4 million sellers use Square in eight countries, including the US, France, UK and Japan.
Several X users have already reported using the Bitcoin payment feature. Parker Lewis, head of business development at Zaprito, a bitcoin and fiat payment platform, said he “bought a coffee after seeing with my own eyes” the bitcoin operation at Medici, a coffee roaster in Texas.
“It’s a great day for Medici, Square, and all Square merchants to go live with Bitcoin and Bitcoin in general. Bitcoiners, please 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, chief marketing officer of technology platform CitizenX, reported that she was the first person to pay using Bitcoin at the same coffee roaster.
“Many of us tried to get merchants to accept BTC. For years, it was a pain,” she said in another post.
“We literally had to orange pill the people behind the business until they could become Bitcoin users themselves and participate. Square’s move today is just legendary and makes the entry point so low. Huge!”
Related: Jack Dorsey advocates for ‘daily’ Bitcoin payments to be tax-free
YouGov’s July survey found that 37% of 1,000 respondents in the US and UK believe payments are the primary use case for cryptocurrencies and artificial intelligence.
Live map of stores that accept Bitcoin released
Dorsey also shared a post from the head of product design for 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 sellers to enable Bitcoin acceptance with zero sales fees. Convince them to keep it as Bitcoin to better survive dollar declines,” Dorsey added.
magazine: Bitcoin ‘speed bump’ to $56,000? Ripple rejects IPO plan: Hodler’s Digest, November 2-8
