**Square Launches Bitcoin Payments with 0% Fees, Helping Over 4 Million Merchants Accept Crypto**

Square, the popular payment company owned by Jack Dorsey’s Block Inc., just took a big step into the world of Bitcoin. The company announced a new feature called “Square Bitcoin” that will allow over 4 million U.S. businesses to accept, manage, and even hold Bitcoin—all within the same platform they already use for regular card payments.

Starting November 10, 2025, Square merchants can accept Bitcoin payments with no transaction fees for the first year. They’ll also have the option to get paid instantly in either Bitcoin or U.S. dollars. This makes it easier than ever for small businesses to step into crypto without worrying about complicated tech or price swings.

**Easy Bitcoin Tools Built Right In**

Square Bitcoin includes two main features:

– **Bitcoin Payments:** Customers can pay in Bitcoin just like they would with a credit card.
– **Bitcoin Conversions:** Merchants can automatically turn up to 50% of their daily card sales into Bitcoin. This helps them save and invest in crypto directly from their earnings.

There’s also a built-in wallet, so business owners can buy, sell, hold, or withdraw Bitcoin without needing another app or exchange. Everything happens inside their existing Square Dashboard.

However, due to regulations, this service won’t be available in New York at launch.

**Bridging Traditional Payments with Digital Currency**

Miles Suter, Head of Bitcoin at Block, explained that the goal is to make Bitcoin usable for everyday spending—not just something people hold as an investment. By giving businesses tools to handle both dollars and Bitcoin side-by-side, Square is helping bring digital money into daily life.

The announcement came during the Square Releases event and was also featured at the Bitcoin Conference 2025 in Las Vegas. At the event, Square showed off real-time Bitcoin transactions using the Lightning Network at a merchandise booth.

**Strong Start with Positive Feedback from Early Users**

Since early testing began in 2024, businesses using Square’s Bitcoin Conversions feature have already collected over 142 Bitcoins. One example is Pink Owl Coffee in California, which has been using the feature to build long-term savings directly from daily sales.

Jack Dorsey posted on X (formerly Twitter) that businesses can decide whether to keep their Bitcoin or instantly convert it into cash. The full rollout will begin late in 2025 and reach all eligible U.S. merchants by 2026, depending on local regulations.

Investors responded positively to the news—Block Inc.’s stock jumped 2.5%, hitting its highest price since February.

**Crypto Payments Are Becoming More Common**

Square’s move comes as more companies and consumers are warming up to using crypto for everyday purchases. According to market research, the number of people using crypto to pay for goods and services in the U.S. is expected to grow by over 80% between 2024 and 2026.

Big tech and finance companies are also jumping on board:

– **Google** is supporting stablecoin payments through its partnership with Coinbase.
– **Visa** is testing international payments using stablecoins.
– **Mastercard** is expanding its crypto offerings with crypto-backed cards and services.
– **Real estate company Opendoor** now accepts Bitcoin for home purchases.

Globally, crypto adoption is growing fast:

– **Bitget Wallet** added Brazil’s Pix system for QR-based crypto payments.
– **Thailand** launched TouristDigiPay to let tourists spend crypto while visiting.
– **MoonPay** acquired Meso Network to improve global crypto infrastructure.
– **Finastra** teamed up with Circle to help banks use USDC for payments.
– **SWIFT** started testing blockchain messaging using Ethereum’s Linea network.

Even traditional platforms like Stripe and PayPal are moving deeper into crypto. PayPal’s stablecoin is now supported by payment processor Triple-A.

With Square’s easy-to-use tools and zero fees for the first year, more small businesses now have a reason to join the crypto economy.