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Is there any information about the details of how it will work when square starts accepting bitcoin on their retail payment systems? 1. Will everyone be able to pay via lightning by default? 2. Will the merchants just get fiat in their account by default? And if so will they even see how much money is coming in via bitcoin?
2025-11-03 15:06:08 from 1 relay(s) 1 replies ↓
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To find out more, I just logged into Square (my business partner runs it, I have access to bill clients in fiat and mark things as "paid"). It looks like you only have to opt into their conversion feature. Invoices/etc. are not paid in Bitcoin by the customers per se, but a percentage of card payment accepted are converted into Bitcoin. image image Here are the disclosures: https://squareup.com/us/en/legal/general/square-bitcoin-disclosures?host_name=squareup.com
2025-11-03 16:13:46 from 1 relay(s) ↑ Parent 1 replies ↓ Reply