Block Inc., parent company of Square, will allow Square Credit Card holders to receive 3% of their spending back in Bitcoin instead of dollars. This announcement, reported on October 13, 2026, is part of a broader strategy led by Jack Dorsey to integrate Bitcoin into the merchant ecosystem. The Square Card already offers 3% unlimited cash back on Square Bill Pay transactions and 1.5% on all other purchases, running on the American Express network. Additionally, Cash App is running a promotion offering 5% back in Bitcoin on purchases at Square merchants until December 31, 2026, capped at $30 per month.
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