Connecting the ecosystem with Square has been the dream since we launched bitcoin in @Cash App in 2018 Starting today, all merchants can now seamlessly stack bitcoin behind the scenes from their daily sales Bitcoin Payments Acceptance will be live for everyone on November 10

Replies (82)

.'s avatar
. 2 months ago
So today we can convert up to 50% of fiat payments to ₿ even for LLC and not just sole prop like before?
Kevin 's avatar
Kevin 2 months ago
Peer To Peer Payments 🧡
@miles 🌞 how will this work for me as a customer if i wish to pay in bitcoin? will i have to tell the merchant i want to pay with bitcoin, in similar fashion how they now ask me cash or card? how do i get the bitcoin qr code to show up so that i can scan it?
.'s avatar
. 2 months ago
it is, that doesn't mean you don't have to click some buttons though
magnum's avatar
magnum 2 months ago
Will this be available in Australia?
.'s avatar
. 2 months ago
Curious as well. Currently there is a qr code fir cash app. I imagine it will just be an ln invoice qr code payable by any ln wallet.
But hang on: Bitcoin you can’t buy a coffee with…? Can you? Can you?… Amazing progress 1) makes me want to start a cafe just to use square 2) makes me thing of the hundreds of merchants I’ve purchased from using square that can now easily use Bitcoin 3) this is theory into action. A base layer fixed supply money, incorporating into a higher layer payments network, the antidote to the circulating credit money status quo 4) yet another example of how cool it is when incentive is aligned from the base layer, so as owners of a percentage of the bitcoin network, one benefits from the progress and productivity gains of all participants 5) in a week of price action dominated chatter, this under-the-hood building out of infrastructure is a great reminder as to why there are multiple angles that drive Bitcoins value for people Keep it up!
So starting November 10th I can go to any merchant that uses square and pay with bitcoin? They don’t need to opt in or do anything? How does this work with farmer market vendors with the tap to pay square terminal hooked up to their phone? Can open my Zeus wallet and tap?
Seemed to good to be true I guess still makes it easier for them to be able to accept bitcoin on November 10th. Will definitely ask my raw milk guy to get it setup so I can pay him with bitcoin
That's exacyly what it is. I tried it at the Bitcoin conference. You scan the QR code and pay with sats on the lightning network.
It's a QR code. If you have the cash app, you can also accept payments with yourusername@cash.app. At least some people can. I'm mot sure why it doesn't always work. They're probably still testing.
Chris's avatar
Chris 2 months ago
Let’s Gooooooo 🫶🧡
First of all, this is amazing. Secondly, if a business decides to accept bitcoin with Square and settled in 100% USD, is that considered a taxable event? Would the "gains" be neutral in that situation since it is instant? Don't want vendors coming back to me after I show them how to accept bitcoin and complain that they are paying a bunch of extra taxes...
Rodrigo's avatar
Rodrigo 2 months ago
Congrats bro! Well done 👏👏👏
It does say today. It also says starting on November 10th it will be available to all Square users. A bit ambiguous for sure, hopefully it will roll out for you soon
I am not sure this is right. By default, bitcoin is converted instantly to btc, they need to enable not converting to usd and retaining btc If this is right, the pay in bitcoin option for the customer can still be on by default
Default avatar
Not sure 2 months ago
This is not bad start. I don’t mind trying this. Give me a reason to spent some sats that’s lying around.
Square has 25-30% of the worldwide retail market share. This is super impressive. Now let’s go for Toast. It has 22-26% of the share namely in the restaurant space. This is a giant piece of the puzzle too. If Toast fell in line, talk about dominance.
This news is great for adoption of crypto in the retail ecosystem I love it Pressure to buy BTC is maintained so price will keep moving up Thank you for the announcement on Aqstr Peace
full circle (square). epic job in not only realizing the dream but making it an elite version of the dream (looks beautiful)! for the first time this decade, i’m bullish for SMBs. stomping on the gas pedal on a long and curvy Economic Empowerment Road! 💪
With zero privacy? What is wrong with Bitcoin. They ate always cheering the wrong guys. We have BTCPayServer and all the millions of Bitcoiners could have helped their brick and mortar stores to setup a running system. Privacy preserving and self-custodial. Bitcoin community is a huge failure. We've been more advanced in 2013.
miles 🌞's avatar miles 🌞
Connecting the ecosystem with Square has been the dream since we launched bitcoin in @Cash App in 2018 Starting today, all merchants can now seamlessly stack bitcoin behind the scenes from their daily sales Bitcoin Payments Acceptance will be live for everyone on November 10
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