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Square's New Restaurant Cash Register Will Accept Bitcoin, Apple Pay

Customers may soon be able to pay for their lattes with bitcoin.


Mobile payment company Square is building a register that will allow customers to pay with the digital currency bitcoinAccording to Wired, the new device will also accept Apple’s recently introduced payment system Apple Pay, which allows users to pay for purchase with their iPhones.  Square CEO Jack Dorsey tells the CBC: "We’re building a register so that sellers can accept a credit card, so they can accept cash, so they can accept a cheque, so they can accept Bitcoin and so they can accept any form of payment that comes across the counter including future ones and burgeoning ones like Apple Pay."

This is great news for bitcoin users who are currently limited to spending their digital money at a handful of restaurants (and illegal online marketplaces). These establishments — such as Pink Cow in Tokyo and O-Crepes in New York City —  feature systems that accept bitcoin, but they are "difficult for businesses to set up." Square’s payment platform is already used by many food service businesses; the new register would make it easier for these businesses to accept bitcoin. There is no word yet about when Square plans to release its bitcoin- and Apple Pay-ready register.