Square has introduced Square Bitcoin, a powerful new feature that lets small businesses accept, manage, and use bitcoin directly within the Square ecosystem. Designed to simplify cryptocurrency adoption for everyday sellers, Square Bitcoin offers integrated tools for bitcoin payments, conversions, and wallet storage—all in one easy-to-use platform.
Accept Bitcoin with Zero Fees and Built-In Wallet Support
With Square Bitcoin, local businesses can now accept bitcoin payments with zero transaction fees for the first year, helping sellers reduce costs while offering more flexible payment options to customers. The solution includes a built-in Bitcoin Wallet, giving sellers full control over their digital assets without needing to leave the Square environment.
For those new to crypto, the wallet works just like any other Square tool—secure, user-friendly, and tightly integrated with existing business operations. Whether you run a coffee shop, boutique, or service-based business, accepting bitcoin is now as simple as accepting cash or cards.
Convert Card Sales into Bitcoin Automatically
Square Bitcoin also includes a Bitcoin Conversions feature that allows businesses to automatically convert up to 50% of daily card sales into bitcoin. This gives sellers a simple way to diversify their income and build bitcoin savings, all while continuing to manage everyday operations through one centralized dashboard.
As U.S. crypto adoption is expected to grow by 82% by 2026, Square Bitcoin positions local businesses to stay ahead of the curve. By allowing sellers to passively invest in bitcoin, Square is helping Main Street take advantage of emerging financial tools without needing advanced technical knowledge.
A Step Forward in Financial Empowerment for Small Businesses
Square Bitcoin reflects the broader mission of Square (part of Block, Inc.): to empower small businesses with modern, innovative financial solutions. By combining Block’s deep expertise in bitcoin with Square’s robust commerce technology, the platform makes digital currency as accessible and practical as traditional money.
Whether it’s reducing fees, simplifying bitcoin management, or expanding payment options, Square Bitcoin is built to support small business growth in the evolving digital economy.
