Square Brings Bitcoin To Small Businesses With New Payments And Wallet System

Square has announced Square Bitcoin, a product suite that lets small businesses accept Bitcoin payments, hold it in a built-in wallet, or automatically convert part of their sales into Bitcoin from the dashboard they already use. The company says the three key features include no processing fees on Bitcoin payments for the first year, automatic conversion of a portion of card sales into Bitcoin, and a wallet where sellers can buy, sell, and hold BTC. Miles Suter, Head of Bitcoin Product at Block, said the goal is to make Bitcoin payments "as seamless as card payments." Bitcoin Payments will become available to U.S. sellers starting November 10, 2025.