Square dey allow 4 million shopkeepers to accept Bitcoin payment wey no get fee
Square don drop new POS integration wey go make over four million merchants fit accept Bitcoin payment directly for checkout with zero fees till 2027. Dis opt-in feature dey support Bitcoin-to-Bitcoin, Bitcoin-to-fiat, and fiat-to-Bitcoin conversions, make merchants fit settle in BTC or fiat via Square dashboard. Dem go soon add online and invoicing payment options. After dis fee-free time, dem go start charge 1% fee wey dey competitive—below normal credit card rates. By removing cost wahala and using their existing POS integration, Square wan push crypto adoption, make merchant onboarding easy, and increase Bitcoin payments for everyday trade.
Bullish
Square roll-out fee-free Bitcoin payments for millions merchants reduce barrier for crypto transactions, e fit likely boost on-chain activity and demand for BTC for short term. Lower processing costs with smooth POS integration go increase merchant and consumer adoption, e strong Bitcoin everyday use case. For long term, this move fit make mainstream accept Bitcoin, expand e payment network, and support sustained price growth, making the overall impact bullish for BTC.