| | All businesses in the US that use Square (except for businesses based in New York thanks to Benjamin Lawsky) now have the option of accepting BTC and keeping it as BTC, accepting BTC and having a specified percentage automatically converted to USD, accepting USD and having specified a percentage automatically converted to BTC, or accepting USD and keeping it as USD. Businesses can withdraw their BTC from their Square merchant account at any time. Bitcoin payments processed through Square are fee-free until 2027, and there will be a flat 1% fee after that. [link] [comments] |
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