Square Enables Bitcoin Payments for Over 4 Million Merchants

Square Enables Bitcoin Payments for Over 4 Million Merchants

Payments company Square now allows millions of its global merchants to accept Bitcoin at checkout, marking a significant expansion in cryptocurrency adoption.

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Summary

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Terms & Concepts
  • Bitcoin: A decentralized digital currency enabling peer-to-peer transactions without intermediaries.
  • Checkout: The point in an online or in-store transaction where payment is completed by the customer.
  • Square: A financial technology company providing payment and commerce solutions for businesses.