Square Launches Bitcoin POS Payments With No Transaction Fees Until 2027, Expands to 8 Countries and 4 Million Merchants

Square has rolled out a new Bitcoin payments feature integrated with its point-of-sale (POS) system, enabling merchants to accept BTC at physical locations. The deployment targets offline and in‑person transactions, with online acceptance and invoicing tools slated for development. The official announcement frames the update as part of Square’s strategic push into cryptocurrency payments while preserving familiar POS workflows for retailers.

Under the terms, merchants incur no transaction fees for BTC receipts through 2027; a 1% fee is expected thereafter. Square’s ecosystem now spans eight countries and more than four million merchants, underscoring growing merchant adoption of crypto payments across its network.

Early field tests include a U.S. coffee shop processing BTC via Square. Simultaneously, Cash App introduced a global BTC merchant map to plot crypto-friendly storefronts, a development highlighted by Cointelegraph.