Block plans to launch bitcoin payments on its business technology platform Square, enabling merchants using the Square Point of Sale app to accept bitcoin payments directly through their Square hardware. The company plans to begin rolling out this new, native Bitcoin For Businesses offering in the second half of the year and then extend it to all Square sellers in 2026, subject to regulatory approvals. With Square’s integration handling the complexity behind the scenes, and the Lightning Network enabling near-instant settlement, customers will be able to pay with bitcoin by scanning a QR code at checkout. Bitcoin For Businesses builds upon Square’s Bitcoin Conversions features, which was launched in 2024 and allows qualified merchants to automatically convert a portion of their sales into bitcoin. “When a coffee shop or retail store can accept bitcoin through Square, small businesses get paid faster, and get to keep more of their revenue,” Block Bitcoin Product Lead Miles Suter said. “This is about economic empowerment for merchants who like to have options when it comes to accepting payments. We believe in an open, decentralized, fair, fast and low-cost money system for everyone, and that’s exactly what we want to bring to Square sellers,” he added.