Square is launching a tool that could enable Bitcoin transactions in daily business activities — from coffee shops to local stores.
Square is bringing Bitcoin into your neighborhood small businesses.
The company revealed a new product lineup called Square Bitcoin today, aimed at allowing small businesses to accept Bitcoin payments, store it in an integrated wallet, or automatically convert a portion of their sales into Bitcoin — all within the same dashboard they currently use for point-of-sale and banking.
If you’re not familiar with Square, it is an all-in-one platform that assists small businesses in accepting payments, managing operations, and facilitating growth. The company provides a combination of hardware and software solutions for POS systems, online sales, and essential business operations like processing and payroll.
The Square Bitcoin rollout features three primary advantages: sellers can accept Bitcoin payments with no processing fees for the initial year; they have the option to automatically convert a portion of their card sales into Bitcoin; and they gain access to a fully integrated Bitcoin wallet where they can buy, sell, and hold BTC.
Square states that the objective is to simplify Bitcoin for everyday businesses and make digital currency “as seamless as card payments.”
Bitcoin Payments will be accessible to U.S. sellers starting November 10, 2025.
Using Bitcoin as ‘everyday money’
This initiative could signify a pivotal moment for Bitcoin’s application in real-world transactions. Up to now, using Bitcoin for payments has largely remained a niche activity — hindered by price volatility, complexity, and a lack of merchant-friendly solutions.
By incorporating Bitcoin directly into Square’s existing platform, the company is reducing barriers for small businesses. Instead of managing wallets and third-party applications, merchants can now accept Bitcoin and handle it like any other currency, choosing whether to keep it as is or convert it to dollars instantly.
“We’re making Bitcoin payments as seamless as card payments,” said Miles Suter, Head of Bitcoin Product at Block. “Through Square and Cash App, we cater to both sides of the transaction, which positions us to transform Bitcoin into everyday money — not merely a store of value.”
For merchants, Square Bitcoin could lead to reduced costs and quicker settlement compared to traditional card networks, which impose fees and can take days to process payments.
For Bitcoin, this signifies another step towards mainstream adoption — evolving it from a speculative asset into a practical payment solution.
Should adoption succeed, Square’s ecosystem might enhance Bitcoin’s role from an investment tool to a functioning currency within local economies. It also strengthens parent company Block’s broader vision that Bitcoin will become an essential part of financial infrastructure, rather than just an alternative option.
