Square Lets Small Businesses Accept Bitcoin at Checkout

Block Inc.'s Square Lets Small Businesses Accept Bitcoin at Checkout

Written by Aaron S.,

Editor-In-Chief

Last Updated: October 09, 2025

Key Takeaways

Square allows small US businesses (excluding New York) to accept Bitcoin at checkout and manage it through a built-in wallet;
Merchants can hold, buy, sell, or transfer Bitcoin from their Square dashboard, with no transaction fees until the end of 2026;
This early launch reflects Block Inc.’s push to expand Bitcoin use, a goal backed by CEO Jack Dorsey.

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Square, a payment service operated by Block Inc., has introduced a new feature that allows small businesses in the US to accept Bitcoin BTC $122,046.54 from customers during checkout.

With this new option, sellers can choose to receive part of their sales in Bitcoin. The funds are stored in a built-in digital wallet, which merchants can access from their existing Square dashboard.

From there, they can hold, purchase, sell, or transfer the cryptocurrency. At launch, this service is only available to US merchants, excluding those in New York State. Businesses outside the US do not have access to it yet.

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To encourage adoption, Square is waiving all transaction fees related to Bitcoin payments until the end of 2026. After that, a 1% processing fee will be added starting January 1, 2027.

Square had previously announced that this functionality would arrive by 2026. Its early rollout reflects Block Inc.'s commitment to integrating Bitcoin across its services, a goal supported by CEO Jack Dorsey.

He has long been a public advocate for Bitcoin and has worked to integrate it into the company’s other products as well. For example, Dorsey has supported the development of open-source tools for Bitcoin mining to make it more cost-effective and energy-efficient.

Ohio’s Board of Deposit recently announced plans to let residents pay certain government fees with cryptocurrency. What did the agency say? Read the full story.