Jack Dorsey's Block Plans Bitcoin Payments on Square Terminals
Block Inc. is launching a feature to allow businesses that use the company's Square point-of-sale terminals to accept payment in Bitcoin, according to a statement from the company.
The Bitcoin payments feature is expected to start rolling out in the second half of 2025 and reach all eligible sellers in 2026, subject to regulatory approvals, according to the statement. When a customer wants to pay with Bitcoin, they will need to scan a QR code at checkout to initiate the payment, which will be facilitated via the Lightning Network.
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