Starting November 10th, sellers can convert card sales into Bitcoin instantly, with zero fees.
Instant Bitcoin Payments at the Point of Sale
With this update, Square users can now accept Bitcoin directly at checkout. Instead of waiting for traditional bank settlements, merchants receive Bitcoin instantly, offering both speed and flexibility. The process is straightforward. When a customer pays with a credit or debit card, the amount is automatically converted into Bitcoin and deposited into the merchant’s account. This removes the complexity of holding or converting digital assets manually, and with zero fees. So, businesses can adopt Bitcoin without worrying about additional costs cutting into their revenue.
Connecting the ecosystem with @Square has been the dream since we launched bitcoin in @CashApp in 2018
Starting today, all merchants can now seamlessly stack bitcoin behind the scenes from their daily sales
Bitcoin Payments Acceptance will be live for everyone on November 10 pic.twitter.com/mTqbu8wfGG
— Miles 🌞 (@milessuter) October 8, 2025
This approach mirrors a broader trend in digital payments. For example, Starbucks has been experimenting with Bitcoin and blockchain-based rewards for years, allowing customers to pay and earn loyalty points using crypto. Square’s implementation takes a similar idea a step further, enabling merchants to accept Bitcoin directly without third-party intermediaries or hidden costs.
The adoption of Bitcoin at the point of sale signals growing confidence in cryptocurrency as a practical medium of exchange. According to a 2025 report by Chainalysis, global cryptocurrency adoption has increased by over 30% in the past year, with payments and retail use cases driving much of the growth. For merchants, accepting Bitcoin can attract a new segment of tech-savvy customers, enhance brand appeal, and offer an alternative to traditional banking systems.
More About Bitcoin Payments
In a letter addressed to the Finance Minister, Nordin argued that removing capital gains tax on Bitcoin could encourage broader adoption in Sweden and help the country stay aligned with global cryptocurrency trends.
🚨 JUST IN: 🇸🇪 Sweden proposes removing Bitcoin capital gains taxes for payments
They’re also considering a Bitcoin strategic reserve
HUGE 🔥 pic.twitter.com/xvyphCWn0Q
— Bitcoin Archive (@BTC_Archive) October 8, 2025
He emphasized that easing tax treatment would make Bitcoin a more attractive option for both investors and businesses. Beyond adoption, Nordin highlighted Bitcoin’s potential as a hedge against inflation, noting that it could provide stability for individuals and institutions during periods of economic volatility.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
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Christeen Volkman