Jack Dorsey’s Block has launched Bitcoin payments to more than four million Square merchants, enabling instant settlement and fee-free transactions through 2027.
The new feature will allow merchants to accept BTC at checkout and automatically convert a portion of their daily card payment revenue into Bitcoin, according to a Nov. 10 report. announcement.
It’s available through Square’s point-of-sale system and aims to make Bitcoin as easy to use as traditional payments, while keeping fees below credit card rates once they start.
Currently limited to in-person transactions, Block says online and billing capabilities are “in the works,” with further updates expected soon. The rollout reflects Dorsey’s push to position Bitcoin as everyday money rather than just a store of value.
Congratulations on going live! 🟧⚡️
Online + invoicing is not yet live, but it is being worked on. Stay tuned for updates soon. 👀— Jacob Szymik (@JacobSzymik) November 10, 2025
Blok aims to make Bitcoin payments ‘seamless’
“We’re making Bitcoin payments as seamless as card payments, while giving small businesses access to financial tools once reserved for large corporations,” said Miles Suter, Block’s head of Bitcoin product. “Square is uniquely positioned to turn Bitcoin into everyday money, not just a store of value.”
Commenting on
Our sellers can now receive BTC to BTC, BTC to Fiat, Fiat to BTC or Fiat to Fiat. https://t.co/NnLsd3fgEb
— jack (@jack) November 10, 2025
Block had previously indicated that fees will start at 1% once the fee-free transaction period ends, still lower than the average 1.5% to 4% rate charged by credit cards.
Several X users report seeing Bitcoin payments in action
Several people on X have already reported seeing the Bitcoin payment feature in action.
Among them is Zaprite’s head of business development, Parker Lewis said he saw the feature in action “with my own two eyes and bought coffee” from Medici, a coffee roaster in Texas.
Meanwhile, CitizenX chief marketing officer Katie Ananina reported that she was the first person to pay with Bitcoin at the same roaster.
Ananina pays for coffee with Bitcoin (Source: X)
A new map has also been announced showing who accepts Bitcoin worldwide
Block currently serves more than four million merchants through its Square product in countries including the US, France, UK and Japan.
As part of the rollout of the new BTC payments feature, Dorsey also shared a message from the head of product design at Cash App, the peer-to-peer payment service offered by Block. The post announced the launch of a map showing all merchants around the world who accept Bitcoin.
Bitcoin merchants are now mapping the cash app to 100%.
convince your local square merchant to enable bitcoin acceptance with no fees for sale.
convince them to keep it as bitcoin so they can better survive the dollar devaluation. https://t.co/xqyPywqv31
— jack (@jack) November 10, 2025
Dorsey has called for a de minimis tax exemption for everyday Bitcoin transactions after a legislative effort fell short several months ago. Lawmakers are currently working on a bill for the tax exemption.
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