Square Merchants to Begin Having Bitcoin Payments Automatically Enabled
The post says millions of Square merchants will start receiving automatic access to Bitcoin payments, pointing to a broader payments adoption push.
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Fact Check
The claim is corroborated by Square's official Terms of Service (updated March 16, 2026) and multiple financial news reports. The transition to 'auto-enabled' (opt-out) Bitcoin payments for approximately 4 million eligible merchants is a documented strategic move by Block, Inc. to increase Bitcoin adoption at the point of sale.
Summary
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Terms & Concepts
- Bitcoin payments: Transactions made using Bitcoin as a payment method for goods or services.
- Merchant adoption: The process of businesses beginning to accept or use cryptocurrency payment tools.