Block to Launch Bitcoin Payment System on Square with Full Rollout Planned for 2026
Highlights:
- Block will launch Bitcoin payments for Square sellers starting in late 2025, with full rollout by 2026.
- Square allowed its customers who attended the conference to test the product.
- Block will update Bitkey with privacy tools and inheritance support to improve Bitcoin self-custody.
Block, a financial services firm owned by Jack Dorsey, will launch Bitcoin payments through its Square platform starting in the second half of 2025. The rollout will expand to all eligible sellers by next year. This new feature will allow businesses to accept Bitcoin directly through Square hardware without additional devices. Sellers can choose to keep the Bitcoin or convert it to fiat instantly. Square will manage the transaction process while the Lightning Network ensures fast and low-cost payments.
⚡️ JUST IN: Block to launch #Bitcoin payments on Square, rolling out in the second half of 2025 with full deployment to all eligible sellers in 2026.$BTC#crypto pic.twitter.com/ENCiT87w0R
— CryptOpus (@ImCryptOpus) May 28, 2025
The upcoming launch builds on Block’s previous tools that helped sellers convert a portion of their daily sales into Bitcoin. That earlier feature, known as Bitcoin Conversions, allowed merchants to transfer 1% to 10% of daily earnings into their Cash App accounts. Now, Block is moving forward by allowing complete transactions in Bitcoin. According to the company, this move supports its broader goal of making Bitcoin more usable in everyday payments.
Block said the Bitcoin payment feature will become available gradually, depending on technical progress and approvals. Once live, the feature will serve businesses of all sizes, including coffee shops and retail stores. It will offer them faster payments and lower transaction costs. Customers will complete payments by scanning a QR code, while the technical processing remains behind the scenes.
Square Tests Bitcoin Checkout at Bitcoin 2025 Conference
Jack Dorsey’s financial services firm introduced the feature during the Bitcoin 2025 conference in Las Vegas yesterday. The company invited attendees to try it at the BTC Inc. merchandise store using standard Square hardware. The testing showed that Bitcoin payments could be fast, simple, and cost-effective.
Today: we’re accepting bitcoin payments at @TheBitcoinConf 🟧
Soon: you can accept bitcoin payments wherever you are 🚀Details here: https://t.co/ko2S9hFpih pic.twitter.com/IYlYV6XM2S
— Square (@Square) May 27, 2025
Block confirmed that no new equipment is needed. Merchants already using Square hardware can start accepting Bitcoin once the rollout begins. The company said this supports its mission to give sellers more control over how they receive payments. Square’s point-of-sale app will provide the interface, while the backend handles conversions and settlement. This setup ensures that businesses do not need to manage complex processes.
According to Miles Suter, Bitcoin Product Lead at Block, this new feature benefits small businesses by allowing them to save more of their incomes. He said that the company wants to support merchants who want flexible payment options. The new offering also reflects Square’s continued investment in tools that make Bitcoin easier to use for businesses.
Block to Launch Bitcoin Tools as Merchant Adoption Grows
In addition to the Square feature, Block plans to update its Bitkey wallet. Bitkey will introduce privacy upgrades and an inheritance recovery option. The wallet helps users control their Bitcoin without using seed phrases. With this upgrade, Block wants to make secure self-custody easier for all users.
Meanwhile, more merchants are embracing Bitcoin payments. At the conference, Stake n’ Shake operating chief Dan Edwards shared that Bitcoin reduced their processing fees by 50%. He said customers were satisfied with the speed of the payment experience. The company started accepting Bitcoin across all its locations on May 16.
🚨 Steak n’ Shake Slashes Fees by 50% with Bitcoin Payments
Cost Savings: COO Dan Edwards reports 50% lower processing fees vs. credit cards since launching BTC payments on May 16.
Adoption Momentum: On launch day, 1 in 500 global Bitcoin transactions occurred at Steak n’ Shake…
— Bitcoin Weirdo (@Bitcoin_Weirdo) May 28, 2025
Block continues to connect its ecosystem through services like Square, Cash App, Bitkey, Proto, and Spiral. These tools support payments, mining, custody, and development for businesses and individuals. With the upcoming launch, Block moves closer to making Bitcoin part of daily financial activity.
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Austin Mwendia
Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.
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