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Jack Dorsey Pushes Bitcoin Adoption as Square Adds BTC Payment Support
Jack Dorsey – Payment processor Square, owned by Jack Dorsey’s Block, has officially rolled out its long-awaited Bitcoin payment feature, allowing sellers to accept BTC at checkout through its point-of-sale (POS) system. The move marks a significant step toward mainstream Bitcoin adoption in everyday commerce.
Bitcoin Payments Go Live for Sellers
Announced on Monday, the new feature enables Square merchants to choose how they want to receive payments — Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin, or fiat to fiat — offering flexibility for both crypto enthusiasts and traditional businesses.
Currently, Bitcoin payments are available only for in-person transactions via POS terminals, according to Jacob Szymik, an account executive at Square. However, Szymik confirmed that online and invoicing features are in development, with updates expected in the near future.
In a major incentive for merchants, Square will charge zero transaction fees until 2027, after which fees will start at 1%, still lower than typical credit card fees of 1.5% to 4%. This no-fee period aims to encourage widespread adoption among Square’s vast merchant network.
Over Four Million Sellers Can Now Accept Bitcoin
Square reports that more than four million sellers across eight countries, including the United States, France, the UK, and Japan, currently use its services. Several users on X (formerly Twitter) have already confirmed successful Bitcoin payments using the new system.
Parker Lewis, head of business development at Zaprite, shared that he personally used Bitcoin to buy coffee at Medici, a Texas-based café now accepting BTC via Square. Similarly, Katie Ananina, CMO at CitizenX, said she was the first customer to pay with Bitcoin at the same location, calling Square’s integration “absolutely legendary.”
Dorsey Pushes for Global Bitcoin Adoption
Jack Dorsey, a long-time Bitcoin advocate, celebrated the launch and shared a post from Cash App’s product design head, showcasing a live global map of all merchants now accepting Bitcoin through Square.
“Convince your local Square seller to turn on Bitcoin acceptance for zero fees,” Dorsey wrote on X. “Convince them to keep it as Bitcoin to help them better survive dollar debasement.”
With this rollout, Square Bitcoin — the company’s integrated payment and wallet solution — is bringing crypto payments to mainstream retail faster than expected. Initially planned for 2026, the early launch highlights Square’s accelerating commitment to building real-world use cases for Bitcoin.
