what's square?
Square is a financial services platform offering tools for businesses to accept payments, manage sales, and access banking via its Square Terminal and POS systems. It extends into crypto with Cash App, enabling seamless Bitcoin buying, selling, and transfers for everyday users. The company emphasizes simplicity and empowerment, bridging traditional finance with digital assets through innovative hardware and software integrations.
Square expands bitcoin product marketing for Square and Cash App.
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x.com/squareExpanding the Product Marketing team for bitcoin products across Square and Cash App.
Cash App launches Lightning Network and stablecoin support with USD auto-conversion for Lightning invoice payments. Square merchants receive zero-fee Bitcoin acceptance until 2027, and Block discloses treasury holdings of 8,692 BTC worth $858M.
A user successfully completed a Bitcoin payment transaction at point-of-sale using Square's system and reports the process was very easy to execute.
A bounty system is under development to pay CashApp customers for onboarding Square merchants to Bitcoin payments, with a current offer of $25 in Bitcoin per merchant referral video. Bitcoin payment functionality is available in all US states except New York due to NYDFS BitLicense regulatory requirements.
Testing at a US cafe reveals Bitcoin payment options are not visible or enabled by default in Square's terminal UI, preventing Bitcoin transactions at point-of-sale despite merchant access rollout.
Square offers $50 in Bitcoin to the first 20,000 merchants who accept BTC payments.
4 million merchants across the United States now have access to Bitcoin acceptance and holding capabilities following this week's release.
All Spark wallets are now compatible with the Bitcoin payment system.
Compass Coffee in Washington, D.C. becomes the first merchant to process Bitcoin payments using the platform.
All merchants can now automatically stack bitcoin from daily sales starting today, with complete Bitcoin payment acceptance rolling out November 10.
Bitcoin Conversions feature enables merchants to automatically convert up to 50% of daily card sales into Bitcoin, building on 2024 pilot that accumulated 142 BTC as of October 1, 2025. Zero processing fees apply through 2026, then 1% fee structure begins.
No-fee Bitcoin wallet for business owners now available on the platform.
4 million merchants on platform now have access to direct Bitcoin payment acceptance.
Bitcoin payment acceptance system now live and onboarding merchants, ahead of scheduled 2025 launch.
Bitcoin payments launching on Square platform