Damus
Open in Damus
MT⚡️ · 18w
For payments specifically? That’ll be generally available on Nov. 10 but here’s what to expect: Go into Payment Settings in the Square app and you’ll see a new row for Bitcoin with an Activate ...
 nostrich profile picture
nostrich
So the reason to not have Bitcoin payments enabled by default was regulatory? I thought it was because Square would like to know first how many merchants would enable the feature on their own, so they could choose BTC settlement, if they wanted. So after some months, the option to accept Bitcoin payments would be enabled by default to all other merchants using USD settlement.
1
MT⚡️ · 18w
That’s secondary to it. I won’t bore you with the details but because bitcoin is so regulated (with nuances at the state level in some cases), auto-on even as USD is extremely tricky. We’re working to unlock this as much as possible but it requires taking a very methodical approach that focus...