{"id":179551,"date":"2025-11-11T09:45:37","date_gmt":"2025-11-11T07:45:37","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=179551"},"modified":"2025-11-11T11:15:00","modified_gmt":"2025-11-11T09:15:00","slug":"bitcoin-goes-live-on-square-merchants-gain-crypto-payment-flexibility","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-goes-live-on-square-merchants-gain-crypto-payment-flexibility\/","title":{"rendered":"Bitcoin Goes Live on Square: Merchants Gain Crypto Payment Flexibility"},"content":{"rendered":"<p><strong><a href=\"https:\/\/x.com\/jack\/status\/1987890806909292777\" rel=\"nofollow\">Announced<\/a><\/strong> Monday on X by Dorsey himself, the new feature gives merchants full flexibility in how they transact \u2013 allowing Bitcoin-to-Bitcoin, Bitcoin-to-fiat, fiat-to-Bitcoin, or fiat-to-fiat conversions at the point of sale.<\/p>\n<h3>Bitcoin Payments Go Live \u2013 With No Fees Until 2027<\/h3>\n<p>Jacob Szymik, an account executive at Square, confirmed that Bitcoin payments are currently available only for in-person sales, though online and invoicing options are already in development. He also reiterated that no transaction fees will apply until 2027, after which a 1% fee may be introduced \u2013 still significantly lower than traditional credit card fees that range between 1.5% and 4%.<\/p>\n<p>Square had previewed this move in October when it introduced a feature allowing sellers to convert part of their daily card sales into Bitcoin, signaling growing integration between Square\u2019s merchant tools and the broader Square Bitcoin ecosystem.<\/p>\n<h3>Early Adoption and Real-World Use<\/h3>\n<p>Square\u2019s payment network includes more than four million merchants across eight countries, including the U.S., U.K., France, and Japan. Several users have already reported live Bitcoin transactions through the system.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-179512\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Parker Lewis of payment platform Zaprite shared that he personally witnessed Bitcoin payments in action, buying coffee at Medici Roasting in Texas. Meanwhile, CitizenX\u2019s marketing officer Katie Ananina described her own Bitcoin purchase at the same caf\u00e9 as a milestone for crypto adoption, noting how Square\u2019s system \u201cremoves years of onboarding friction\u201d for merchants new to Bitcoin.<\/p>\n<h3>Bitcoin Map and Mainstream Push<\/h3>\n<p>To encourage adoption, Dorsey also announced a global Bitcoin merchant map, built by the Cash App product team, showing all stores worldwide that accept BTC via Square. He urged users to \u201cconvince local Square sellers to turn on Bitcoin acceptance\u201d and to hold the BTC they earn \u201cas protection against dollar debasement.\u201d<\/p>\n<p>The feature\u2019s release reflects Square\u2019s larger vision of making Bitcoin a mainstream payment method, aligning with Dorsey\u2019s long-term belief in decentralized, open financial systems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Square, the payment platform owned by Jack Dorsey\u2019s Block, has officially rolled out its Bitcoin payment option for sellers, enabling businesses to accept BTC directly at checkout through the company\u2019s point-of-sale (POS) system.<\/p>\n","protected":false},"author":9,"featured_media":34144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[27],"tags":[72,424],"coin_category":[],"class_list":["post-179551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Goes Live on Square: Merchants Gain Crypto Payment Flexibility<\/title>\n<meta name=\"description\" content=\"Square, the payment platform owned by Jack Dorsey\u2019s Block, has officially rolled out its Bitcoin payment option for sellers, enabling...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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