"At the same time, Jacob Szymik, an account executive at Square, stated that Bitcoin payments are currently only available for in-person purchases and point-of-sale terminals, but online and invoicing options are “in the works,” and teased that updates would be coming soon. He also reiterated that there will be no fees until 2027. Previously, Block indicated fees would start at 1% once the period expires. In comparison, credit card processing fees typically range between 1.5% to 4%."

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