Square Merchants to Begin Having Bitcoin Payments Automatically Enabled

Square has begun automatically enabling Bitcoin payment acceptance for millions of eligible U.S. small merchants, according to CoinDesk. The rollout requires no extra setup, and Bitcoin paid by customers is instantly converted into U.S. dollars at checkout, reducing merchant exposure to Bitcoin price swings and custody-related complexity. CoinDesk also reports that Square will charge no processing fees for the service through 2026, adding a cost incentive to the broader payments rollout.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.