Square has finished switching on Bitcoin payments for eligible U.S. merchants, with checkout running over the Lightning Network.
Square's phased rollout, which began on March 30, 2026, was completed on November 10, 2026. Shoppers at eligible sellers can pay by scanning a QR code with any Lightning wallet, and Square Register (2nd generation) also supports NFC tap. Merchants receive U.S. dollars by default, or can choose to keep $BTC, and can auto-convert up to 50% of daily sales into Bitcoin.
Processing is free through December 31, 2026, after which a flat 1% fee applies. Payments are capped at about $600 per transaction and $20,000 per day, there are no chargebacks, and New York locations are excluded. Square's network spans more than 4 million businesses, though that figure reflects reach, not a count of merchants actually accepting Bitcoin.
#Bitcoin #Lightning #Payments
DYOR. Not financial advice.
Square's phased rollout, which began on March 30, 2026, was completed on November 10, 2026. Shoppers at eligible sellers can pay by scanning a QR code with any Lightning wallet, and Square Register (2nd generation) also supports NFC tap. Merchants receive U.S. dollars by default, or can choose to keep $BTC, and can auto-convert up to 50% of daily sales into Bitcoin.
Processing is free through December 31, 2026, after which a flat 1% fee applies. Payments are capped at about $600 per transaction and $20,000 per day, there are no chargebacks, and New York locations are excluded. Square's network spans more than 4 million businesses, though that figure reflects reach, not a count of merchants actually accepting Bitcoin.
#Bitcoin #Lightning #Payments
DYOR. Not financial advice.
