Square is waiving processing fees for Bitcoin payments at US merchants for two years, with instant dollar conversion to reduce adoption barriers.
Square has introduced a Bitcoin point-of-sale payments program for US merchants with zero processing fees through the end of 2026. The fee waiver removes transaction costs for small shops and local vendors accepting Bitcoin, addressing a key barrier to cryptocurrency adoption in everyday commerce. Merchants can receive US dollars instantly in their accounts while customers pay with Bitcoin.
The program aims to drive digital currency into mainstream retail by eliminating the financial friction of payment processing. The two-year fee waiver period extends through December 2026, giving merchants an extended window to test Bitcoin acceptance without losing revenue to transaction costs.
Sources: Square (X/Twitter) | Bitcoinist | MoneyCheck
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