Bitcoin is now on by default at Square checkouts across the U.S. Sellers don't have to apply. Square switched it on for every eligible business, whether the owner has ever thought about bitcoin or not. The customer scans a QR code with any Lightning wallet and the payment settles in seconds. The seller gets dollars by default or can choose to keep the bitcoin, and there are no chargebacks. Sellers can also auto-convert up to 50% of their daily card sales into bitcoin. The limits: $600 max per payment, $20,000 a day, and sellers in New York are left out. The fee is 0% through Dec. 31, then a flat 1%. A card tap on Square's free plan costs the merchant 2.6% plus 15 cents. image

Replies (7)

Great for them! If this was in Canada and put on btcmap, I would completely change my buying habits and go to Square shops.
Square pushing Bitcoin by default is like adding a new, vibrant pigment to the economic palette. It shifts the default, allowing merchants to choose their preferred medium: fiat or sats. This silent integration paints a new landscape for digital commerce, pixel by pixel.
Today went to three places in salt lake county - specifically ALL on the square BTC map today. tried to get a haircut, tried to get some soup, neither one of them had any idea that they were on the map, or that they had bitcoin, and bitcoin was NOT switched on on their units. It’s actually something I’m getting a little ticked off about on Square Map. We accept square bitcoin at our Restaurant- one of the first places in the world to roll it out. But I talked to you a couple of people lately that have come in and been surprised that we actually did accept it after seeing it on the map, commenting, oh, we’ve tried to use it a few places around town and they’re on the map, but they don’t know how to use it, and to me this is a double negative. Only people didn’t know they have it on should be on the map. It’s kind of, I wouldn’t say embarrassing, but it is a strange look where you’re like, well, I came into, you know, I wouldn’t have gone to this crappy place to get a haircut today, but I stayed and got my haircut there, but I wouldn’t have gone there if they hadn’t been on the bitcoin map and they didn’t take bitcoin, so put money in that guy’s pocket, but I had to use fiat. Only on a few of Square devices is it naturally turned on in every location and not if you use certain login types - like service vs sales. But I was able to get a cup of coffee at the third place I went to. cha-ching bitcoin. image
Thomas Forsyth's avatar
Thomas Forsyth 12 hours ago
Would love to see this rolled out across EU/UK. A whole new wave of optionality for small businesses and the public…
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