Square Adds Fee-Free Bitcoin Payments

[umair]

Square just made a major move for crypto adoption — merchants can now accept Bitcoin payments without paying any transaction fees until 2027. That’s a huge incentive for small businesses and startups that want to explore Bitcoin payments without worrying about extra costs eating into their margins.

What’s even more interesting is that Square isn’t just adding payment support — it’s integrating a full Bitcoin wallet system. Merchants will be able to buy, hold, and convert BTC directly within their dashboard, giving them real flexibility in how they manage their earnings. The cap on daily Bitcoin conversions has also been raised from 10% to 50%, which shows Square is serious about pushing Bitcoin as a real payment option, not just a speculative asset.

The market reaction has been strong too — Block’s stock jumped to its highest level in eight months following the announcement. Clearly, investors see this as a big step toward expanding Bitcoin’s real-world use cases.

If this works, it could set a new standard for crypto payments. Lowering fees and simplifying wallet integration might finally get more merchants comfortable with accepting Bitcoin. Of course, there’s still the question of volatility — many businesses will need to decide whether to hold their BTC or convert it quickly into fiat.

Still, this feels like a pivotal moment. Square is betting big on Bitcoin’s future as a mainstream currency, not just a store of value.

What do you all think — will fee-free Bitcoin payments actually push more merchants to adopt crypto, or will most still stick to traditional methods until volatility cools off?