Jack Dorsey’s Financial Services Company Block is set up so that shops can get Bitcoin at the cash register. It’s a new twist on your payment method and may change your options for small businesses.
Bitcoin payments on square hardware
According to the block, starting from late 2025, merchants using the sales location will be able to accept Bitcoin. Push remains on the Lightning Network, processing payments in under a second, keeping fees low.
Shoppers can try it out at BTC Inc.’s merchandise store at Bitcoin 2025 in Las Vegas from May 27th to 29th.
Two-phase rollout
Based on the report, the first phase will unfold later this year. All eligible sellers eligible for approval may then be live by 2026. This means millions of square users can add Bitcoin to their checkout along with credit cards and cash. This is a huge step for the tools many small stores already use.
Today: We accept Bitcoin payments at @thebitcoinconf 🟧
Soon: You can accept Bitcoin payments wherever you areFor more information, click here: https://t.co/ko2s9hfpih pic.twitter.com/iylyv6xm2s
– Square (@square) May 27, 2025
From conversion to checkout
Block first, merchants will convert some of their daily intake into Bitcoin in 2024. Now they take the code up front. When a customer pays, Square’s app handles exchange rates and confirmations. Payment is faster in stores. And customers who hold Bitcoin can use it without any extra steps.
Fill in the Bitcoin Toolbox
Blocking is not suspended with payment. That cash app has been buying, selling and sending Bitcoin for years. After that, there is Bitkey, which was released in March 2024.
Immediately add more powerful privacy and smarter recovery tools, including ways to pass the funds to heirs. There are also protomining gear and spirals that support the Bitcoin project. Together, they cover purchases, storage, spending and even buildings with Bitcoin.
Image: iStock
Merchants will continue to face price fluctuations if they choose to hold Bitcoin. However, automatic conversion remains optional. And for those who own it, using the Lightning network will help you reduce your credit card fees by 2%-3%.
Meanwhile, regulators watch carefully. Approvals may vary by region. However, if everything goes as planned, shoppers will display a new “Bitcoin” button on a square screen in early 2026.
Although it was early on, this appears to be a real test of Bitcoin’s original peer-to-peer idea. Some people welcome lower fees and faster settlements. Others wait and see if it sticks. Either way, the small store has a quick and fresh way to go.
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