Overview

• The Square Bitcoin package bundles checkout payments over the Lightning Network, automatic conversion of up to 50% of daily card sales into Bitcoin, and a built-in wallet managed in the Square Dashboard.
• Bitcoin payments go live for merchants on November 10, 2025, while the conversions feature and wallet access are already available to eligible sellers.
• Square is waiving processing fees through the end of 2026, with a 1% transaction fee scheduled to begin on January 1, 2027.
• Access is limited to eligible U.S. businesses and excludes New York State, with initial reach across more than four million Square sellers.
• Square reports early pilot users accumulated 142 BTC as of October 1, 2025, and says merchants may see faster settlement and lower costs versus traditional card networks.