Square is rolling out Bitcoin payment acceptance to all eligible US merchants, with businesses receiving USD by default as the system instantly converts crypto at the point of sale, eliminating price volatility risk. Processing fees are waived through the end of 2026 to encourage adoption, and merchants can optionally elect to retain a portion of daily sales in Bitcoin rather than converting to cash. The rollout began March 30 and should reach all eligible Square users by November 10, with New York merchants currently excluded due to state regulations.
Square Enables Bitcoin Payments for All US Merchants by Default, With No Processing Fees Through End of 2026
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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