- Square, part of Block Inc., has launched Square Bitcoin, integrating Bitcoin Payments, Conversions, and a Wallet into its platform with zero fees for 2025–26.
- Merchants can accept Bitcoin payments, convert up to 50% of daily sales into BTC, and manage holdings directly in their Square dashboard.
- The initiative supports Jack Dorsey’s goal of making bitcoin “everyday money”, amid forecasts of an 82% growth in US crypto payment users by 2026.
Block Inc.’s payments arm Square has launched Square Bitcoin, a suite of tools allowing businesses to accept and manage Bitcoin within its existing ecosystem. The product, which combines Bitcoin Payments, Conversions, and a built-in Wallet, gives sellers the ability to accept Bitcoin without any processing fees for the first year.
Bitcoin Payments lets merchants receive Bitcoin directly from customers through their usual Square point-of-sale setup, while Bitcoin Conversions enables them to automatically transform up to 50% of daily sales into the digital asset. With the integrated Wallet, sellers can hold, sell, or withdraw their Bitcoin through the same dashboard they already use for their finances.
Miles Suter, Block’s Head of Bitcoin Product, said the company is ensuring that small businesses “never miss a sale” while gaining access to “powerful financial tools” traditionally available only to large corporations. He added that Square is “uniquely positioned to make Bitcoin everyday money”.
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Enabling Flexible, Future-Proof Commerce
The new service aims to simplify crypto adoption for local merchants, as Square continues its efforts to merge traditional payments with digital currency management. The company stated that Bitcoin Conversions first appeared in 2024 to a select group of sellers, who have since accumulated 142 Bitcoin as of 1 October 2025.
We’re making Bitcoin payments as seamless as card payments while giving small businesses access to financial management tools that, until now, have been exclusive to the largest corporations.
Miles Suter, Head of Bitcoin Product at Block
Bitcoin Payments will become available to eligible US-based businesses on 10 November 2025, with the zero-fee promotion running through 2026. The 1% transaction fee will take effect from 1 January 2027.
Square’s move aligns with research forecasting an 82% rise in US crypto payment users between 2024 and 2026. By providing integrated Bitcoin tools, Block Inc. reinforces its ongoing commitment to making digital currency accessible for everyday commerce, extending the company’s broader strategy under CEO Jack Dorsey to embed Bitcoin into global financial systems.
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Rachel Lourdesamy
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