Square & Steak ‘n Shake Lead with Bitcoin Payments – Best Wallet to Add Crypto Debit Card
The post Square & Steak ‘n Shake Lead with Bitcoin Payments – Best Wallet to Add Crypto Debit Card appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It turns out that Bitcoin ($BTC) isn’t just for the tech bros anymore but also for businesses, hamburger lovers, and everyday spenders — aka, everyone. Yesterday, Square, a payment platform by Block Inc., announced that it’ll soon enable businesses to accept $BTC and other crypto. In other news, the popular American fast-food chain Steak ‘n’ Shake started accepting $BTC for payments two weeks ago. Each of these developments highlights how $BTC is rapidly evolving from a speculative investment instrument to a practical currency built for real-world commerce. Square Integrates Lightning for Low-Fee $BTC Payments Square’s new hardware feature will enable merchants to accept cost-friendly and near-instant $BTC payments using the Lightning Network. It began accepting $BTC payments at the Bitcoin Conference in Las Vegas (May 27 – 29). However, a full rollout is expected by the end of the year as part of its plan to reach all eligible sellers by 2026. Source: X (Square) This isn’t Square’s first $BTC rodeo. It launched a Bitcoin Conversions feature last year, allowing merchants to automatically convert a portion of their daily sales into $BTC. Additionally, its Cash App already lets you buy, sell, and send $BTC easily, and its self-custody crypto wallet, Bitkey Wallet, also supports the OG coin. It has also launched Proto, which consists of Bitcoin mining tools and services, and Spiral, which supports open-source projects that promote $BTC as a tool for economic empowerment. Stake ‘n’ Shake’s $BTC Payments Half Processing Fees Square isn’t the only one on a mission to put $BTC to work in the real world. Stake ‘n’ Shake now accepts $BTC payments, claiming they’re faster and cheaper than traditional credit card payments. Following the new payment method’s early success, Stake ‘n’ Shake…
