Square has begun rolling out automatic Bitcoin payments to eligible U.S. sellers, enabling businesses to accept Bitcoin at checkout with no additional setup required.
The feature is turned on by default, marking a shift from opt-in crypto payments to embedded functionality across the platform.
Customers can pay in Bitcoin using a QR code, with transactions settling near instantly via the Lightning Network. By default, payments are converted into U.S. dollars at the point of sale, allowing merchants to accept Bitcoin without holding it or taking on price risk.
Square is also waiving processing fees on Bitcoin payments through 2026, lowering the cost of acceptance compared to traditional card networks and creating a strong incentive for adoption.
The rollout reflects a broader push by Block, Square’s parent company, to integrate Bitcoin across its ecosystem. Square serves millions of merchants, meaning the automatic enablement could significantly expand Bitcoin’s footprint in everyday commerce.
Miles Suter, Block’s head of Bitcoin product, said the goal is to make it easier for businesses to accept bitcoin at scale, while CEO Jack Dorsey confirmed the rollout publicly.
Source: https://cryptobriefing.com/bitcoin-payment-adoption-square/
