Square Market Now Accepts Bitcoin

An anonymous reader writes "Square today announced it has added support for paying with Bitcoin. As a result, buyers can now use the digital currency to purchase goods and services on Square Market, which allows sellers to create an online storefront with online payment processing. The mobile payment company promises the experience won't feel any different for sellers and they 'don't have to change a thing, except potentially expecting new trailblazing customers and more sales.' In other words, Square wants them to be able to offer Bitcoin as a payment option without any headaches." Stripe is also adding beta support for Bitcoin as a funding source. No word from Paypal yet.

Comments

Best of both worlds

[Actually, I do RTFA]

Sweet! Sounds like a great deal

I get the convenience of the transactions being helpfully reported to the government making my taxes easier

I get the joy of paying middlemen.

I get the reliability and stability of bitcoin.

Re:That'll be, uh, can you just pay in USD?

[mythosaz]

I've personally tried to accept Bitcoin as payment for some electronics I sold online, but by the time the buyer paid, I actually lost about $5.

My experience was the opposite. I just bought some electronics online, and by the time the seller got my funds, I actually saved about $5.