Square has rolled out a new payment and wallet package called Square Bitcoin, which aims to let small stores accept and manage Bitcoin in the same system they already use for sales and money management.
According to Square includes the package Bitcoin paymentsBitcoin conversions and a built-in Bitcoin wallet, and it was announced as part of the company’s second square release event.
Square makes bitcoin a part of daily sales
Reports have revealed that Bitcoin payments will allow sellers to take Bitcoin at the point of sale with zero processing fees for the first year.
Merchants will be able to choose whether to hold Bitcoin They receive or convert it to US dollars. Bitcoin transformations can automatically turn a proportion of daily card receipts into bitcoin – up to 50% of daily sales – so that companies can silently build a Bitcoin reserve without extra steps.
SquareThe Merchant Services unit for Jack Dorsey-led Block Inc., also says that the wallet will let sellers buy, sell, hold and withdraw bitcoin from the same instrument panel they use for salary and warehouse.
Early beta shows a particular uptake
Square first offered Bitcoin conversions to a limited group 2024. Based on reports From the company, the early users had collected 142 bitcoin from October 1, 2025.
This figure gives a concrete sense of how the tool has been used so far, although it does not speak for the distribution of the bitcoin over companies or how many stores that have versus converts.
Square Banking, which the company launched in 2021, has already been used by many sellers for basic cash handling, and this new step provides Cryptover tools into the existing flow.
More choices for small sellers
Accepting bitcoin can mean lower visible costs for some sellers. Reports have revealed that Square beats almost-decommissioning and reduced fee exposure, as the reasons as trader may prefer Bitcoin payments over other methods.
Seller retains the opportunity to get sales in US dollars. The point is choice: stores can accept new forms of payment while keeping familiar money controls in place.
Tools tied to a larger vision
Block, Square’s parent company, has built other Bitcoin products for several years. Based on reports, these pieces include Cash Apps Bitcoin features, Bitkey for self-relationship, Proto Mining Gear and Spiral, which funds Open-Source Bitcoin projects.
The new Square Bitcoin offer is presented as another link in that chain and allows companies to interact with Bitcoin at checkout and in the books.
Image from Pixabay, diagram from tradingview
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