Square Enables Bitcoin Payments with Zero Fees for Merchants

Square launched Bitcoin payments for U.S. merchants on November 10, 2025, allowing businesses to accept Bitcoin similar to card payments with zero processing fees.

This advancement may enhance Bitcoin’s adoption as a practical currency, impacting merchant operations and potentially influencing Bitcoin transaction volumes significantly.

Square has launched a program allowing small businesses to accept Bitcoin payments as easily as credit cards. The initiative offers zero processing fees until 2027, enhancing the usability of Bitcoin as everyday money. This development marks a significant milestone.

Key figures such as Jack Dorsey and Miles Suter have advocated for this integration. Dorsey emphasizes, “This is about making Bitcoin everyday money,” suggesting a shift towards broader crypto adoption. Square’s initiative targets both merchants and consumers.

Impact on Merchants and the Lightning Network

The move affects approximately 4 million U.S. merchants, potentially increasing Bitcoin transactions. Immediate impacts include heightened Bitcoin adoption and increased usage of the Lightning Network. This initiative signifies more than just a technical upgrade.

The financial implications could ripple across industries, encouraging broader cryptocurrency adoption. With no processing fees until 2027, small businesses can explore crypto transactions without cost barriers. Jack Dorsey highlighted the practical applications:

“Our sellers can now receive btc to btc, btc to fiat, fiat to btc, or fiat to fiat. This is about making Bitcoin everyday money.”

Such moves may redefine merchant-consumer dynamics, fostering technological convergence in financial exchanges.

Despite the lack of regulatory changes, the adoption is excluded in New York due to BitLicense regulations. Developers and merchants express positive sentiments, hinting at a promising future for crypto integration in everyday transactions.

This rollout follows previous merchant adoptions, underscoring a historical trend towards broader acceptance of Bitcoin. Studies suggest that low-cost, swift transactions facilitated by the Lightning Network may further incentivize adoption, linking technology with consumer accessibility.