It can’t just appear as an option because Square has legal obligations in the custody and kyc of those payments. Before only sole props could convert a portion of sales. Now llc and corps can too. There was the requirement to accept and fill out more kyc before the option is made available to receive payments. Owners have to decide if they want bitcoin, some bitcoin or payments in bitcoin that land as fiat.
The zeus option is kyc free and pulls from square inventory and but still gives you a report.
Login to reply
Replies (2)
Not sure at this time what the bitcoin withdrawal process is from Square custody or if it has limits like cash app. Again Zeus is self custody and can be used with cashu if business doesn’t want to maintain channels 🔥
Yep. If Square's option requires manual activation from the merchant, then Zeus is definitely the better way to go. I don't see most average business owners turning Square's Bitcoin option on unless they're already Bitcoiners.