TLDR Square has launched Bitcoin payment tools for U.S. businesses with no processing fees until 2026. Merchants can now accept Bitcoin at checkout just like card or mobile payments. Sellers have the option to convert up to 50 percent of their daily card sales into Bitcoin. A built-in Bitcoin wallet allows businesses to buy, sell, [...] The post Square Unveils Bitcoin Tools with No Fees for Merchants Until 2026 appeared first on CoinCentral.TLDR Square has launched Bitcoin payment tools for U.S. businesses with no processing fees until 2026. Merchants can now accept Bitcoin at checkout just like card or mobile payments. Sellers have the option to convert up to 50 percent of their daily card sales into Bitcoin. A built-in Bitcoin wallet allows businesses to buy, sell, [...] The post Square Unveils Bitcoin Tools with No Fees for Merchants Until 2026 appeared first on CoinCentral.

Square Unveils Bitcoin Tools with No Fees for Merchants Until 2026

TLDR

  • Square has launched Bitcoin payment tools for U.S. businesses with no processing fees until 2026.
  • Merchants can now accept Bitcoin at checkout just like card or mobile payments.
  • Sellers have the option to convert up to 50 percent of their daily card sales into Bitcoin.
  • A built-in Bitcoin wallet allows businesses to buy, sell, hold, and withdraw directly from the Square Dashboard.
  • The tools aim to remove technical barriers and promote the adoption of Bitcoin among small businesses.
  • Early users have already collected over 140 Bitcoin, worth approximately $ 17 million, through the conversion tool.

Square has introduced Square Bitcoin, a seamless Bitcoin payment and wallet feature for its U.S.-based merchants. The new tools allow businesses to accept Bitcoin payments and convert a portion of card sales into Bitcoin. This launch is part of a broader update to Square’s food and beverage platform, which adds AI and voice ordering features.

Square Enables Bitcoin Transactions Without Fees

Square now lets merchants accept Bitcoin at checkout with no processing fees until 2026. Businesses can enable the feature in their Square Dashboard and start receiving payments instantly. According to Square, this will help reduce costs and support smoother financial operations.

Sellers can convert up to 50% of their card sales into Bitcoin directly through the platform. This tool supports financial diversification while simplifying access to digital assets. The feature eliminates the need for third-party apps or separate wallets.

Miles Suter, Head of Bitcoin Product at Block, said, “Our mission is to bring economic empowerment through accessible financial tools.” This feature supports that mission by putting digital currency tools into the hands of small businesses. The integrated experience ensures sellers manage both fiat and Bitcoin payments within a single interface.

Helping Sellers Grow Through Bitcoin Savings

Square Bitcoin builds on previous Square Banking tools launched in 2021. The feature supports daily sales conversion into Bitcoin, enabling businesses to make savings while operating normally. With faster transactions and lower fees, companies can benefit from improved liquidity.

Testing conducted since early 2024 has shown strong demand among early adopters of the conversion tool. Businesses participating in the beta program have collectively saved over 140 BTC, worth approximately $17 million. Pink Owl Coffee used the tool to educate customers while building a digital reserve.

Square aims to simplify participation in the Bitcoin economy by removing technical barriers. The tools allow businesses to buy, sell, hold, or withdraw Bitcoin directly from their Square account. Sellers gain complete control over their assets without the need for complex onboarding or external platforms.

Square Pushes Bitcoin Adoption Through Integrated Solutions

This product rollout reflects founder Jack Dorsey’s commitment to decentralized finance for everyday businesses. Square is promoting Bitcoin use just like traditional card payments or mobile apps. The update also strengthens Block’s broader efforts in Bitcoin through other projects, such as Cash App and Spiral.

Currently, these tools are available only to U.S. businesses outside New York due to local regulations. Square plans to expand access as legal frameworks evolve. The company expects U.S. crypto payment users to grow by 82% between 2024 and 2026.

The post Square Unveils Bitcoin Tools with No Fees for Merchants Until 2026 appeared first on CoinCentral.

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