Square Offers Bitcoin Payments to Over 4 Million US Merchants

Square has expanded its services to include Bitcoin payments for over four million merchants across the United States. This initiative, spearheaded by CEO Jack Dorsey, offers instant settlement and zero processing fees until 2027. The platform facilitates transactions through Square terminals, allowing businesses to accept BTC directly at checkout. 💰 💻 📈 Square offers multiple fiat conversion options (BTC to BTC, BTC to fiat, fiat to BTC, and fiat to fiat). Dorsey’s vision for broader Bitcoin adoption in retail is driving this innovation. Merchants experience no processing fees until 2027, with a 1% rate applied after that date. This move creates potential competition in the payment landscape, as Square aims to disrupt the market by challenging established players. 📈 💰