Payment processor Square has launched its Bitcoin payments feature for sellers, allowing them to sign up and accept Bitcoin (BTC) at checkout through its point-of-sale system.
Jack Dorsey, co-founder of Block, which owns Square, said in an X article on Monday that with the new feature, merchants using Square can receive Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin, or fiat to fiat payments.
Meanwhile, Jacob Szymik, an account manager at Square, said that Bitcoin payments are currently only available for in-person purchases and point-of-sale terminals, but billing and online options are “in the works” and announced that updates will be available soon.
He also reiterated that there will be no fees until 2027. Previously, Block indicated that the fees would start at 1% once the period expires. In comparison, credit card processing fees typically range between 1.5% and 4%.
Square unveiled its Bitcoin payments in October when it launched a conversion feature allowing sellers to convert a percentage of their daily card sales into Bitcoin, both of which are part of its payments and wallet solution, Square Bitcoin. The company previously announced that it would roll out the service by 2026.
Users already using the system
More than four million sellers use Square in eight countries, including the United States, France, the United Kingdom and Japan, according to the company.
Several X users have already reported using the Bitcoin payment feature. Parker Lewis, head of business development at Bitcoin and fiat payments platform Zaprite, said he has seen it work “with my own eyes and bought coffee” from Medici, a roaster in Texas.
“Big day for Medici, Square, all Square merchants who use Bitcoin and Bitcoin in general. Bitcoiners, 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 tech platform CitizenX, said she was the first person to pay in Bitcoin at the same roaster.
“Many of us have been trying to get merchants to accept BTC. For so many years, it was painful,” she said in another post.
“You literally had to abandon the person behind the company to the point where they became a Bitcoiner themselves and got on board. Today’s Square move is absolutely legendary and makes the entry point much lower. Huge!”
Related: Jack Dorsey calls for tax-exempt status for ‘everyday’ Bitcoin payments
A July YouGov survey found that 37% of 1,000 respondents in the US and UK see payments as one of the top use cases for crypto and artificial intelligence.
Live map of stores accepting Bitcoin goes live
Dorsey also shared a message from the head of product design at peer-to-peer payments service Cash App Blocks, announcing the launch of a map that shows all merchants around the world that accept Bitcoin.
“Convince your local square seller to enable Bitcoin acceptance with no sales fees. Convince them to keep it in the form of Bitcoin to help them better survive the devaluation of the dollar,” Dorsey added.
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