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August 31, 2023

On the wires

August 25, 2023

On the web

August 24, 2023

On the wires

July 26, 2023

On the web

June 21, 2023

On the web

June 14, 2023

On the wires

June 2, 2023

On the web

May 1, 2023

On the web

Shopify Launches Bill Pay: A Time-Saving Tool for Merchant Expenses

Small Business Trends

"Shopify, a leading ecommerce platform, is launching a new tool, Shopify Bill Pay, offering merchants the ability to manage and pay vendors directly from the Shopify admin dashboard, with no subscription fees. This new tool will help small business owners save an average of 16 hours per month on business bill payments and will be twice as fast as other B2B expense solutions."

April 24, 2023

On the wires

Shopify And Melio Launch First Fully Integrated Accounts Payable Solution For Shopify Merchants

PR Newswire

"Melio, a leading B2B payments platform for small businesses, today announced a partnership with Shopify to power Shopify Bill Pay, an accounts payable solution that will transform how Shopify merchants pay and manage their business bills. Through Shopify Bill Pay, merchants will now have the ability to pay and manage their vendors and contractors in the same place they run their business: through their Shopify admin."

January 3, 2023

On the wires

Shopify Launches New Subscription Product to Lure Big Retail Clients


“Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to select tools and services the Canadian tech giant offers and integrate it with their own online platform. The company said it had signed up toymaker Mattel Inc for the product, and was looking to bring other enterprise clients it works with, such as Glossier, Coty, Steve Madden and Staples, onboard.”

December 15, 2022

On the web

Shopify Partners With Payoneer, PayGlocal and Tazapay

BW Disrupt

“Shopify, a provider of essential internet infrastructure for commerce, partners with Payoneer, PayGlocal and Tazapay, leading cross-border payment providers for merchants in India.  The addition of new payment partners is aimed at streamlining cross-border commerce for Indian merchants on Shopify, with around 1-in-5 now selling internationally to an average of four international markets, reaching more than 70 million shoppers from around the world. The collaboration is in line with Shopify’s continued focus on promoting cross-border business by enabling merchants to receive payments with hassle-free procedures and lower transaction fees.  Shopify’s association with Payoneer, PayGlocal and Tazapay will add more than 80 new payment methods to the platform, offering stronger conversion, lower transaction fees, and broadening the acceptance of international payments.”

On the wires

OTT Pay Launches Shopify Integration to Provide Payment Service for Merchants

GlobeNewswire News Room

“Canadian payment service provider OTT Pay launches an integrated payment feature with top e-commerce platform Shopify Inc., offering a secure and reliable gateway for merchants and shoppers to facilitate transactions. Shopify Plug-in connects Shopify platform shop-owners with various mainstream payment channels through OTT Pay, providing an easy solution for them to manage their transactions in a stable and efficient manner and serve shoppers from anywhere in the world with the most appropriate ones. OTT Pay is a leading FinTech company in Canada providing secure, fast and convenient payment aggregator services that allow merchants to accept various types of payment methods to meet the customer needs.”

December 5, 2022

On the wires

Wamo Introduces Affiliation with Shopify to Help E-Commerce Businesses Around the World

GlobeNewswire News Room

“Wamo, one of the fastest-growing payments platforms for the e-commerce industry, is now affiliated with Shopify Inc., the global provider of cloud-based, multi-channel services platform, powering thousands of small and medium-sized businesses around the world. The digital financial services provider Wamo will, going forward, provide clients with an end-to-end solution that combines banking and e-commerce services simultaneously. Wamo’s customers will have access to a highly customized B2B and B2C experience created to boost their e-commerce sites.”

October 25, 2022

On the web

Shopify Partners with Novel to Deliver Accessible Web3 for Merchants


“Major global e-commerce platform Shopify announced a partnership with Novel, a no-code Web3 commerce platform, to make Web3 technologies accessible and approachable for all merchants. As part of the partnership, Novel launched an app on the Shopify App Store, which equips existing merchants on Shopify with tools to experience Web3 innovation in e-commerce without any technical knowledge or time and monetary commitments. The Novel Shopify app delivers two primary features: minting and distribution, and utility. The minting and distribution feature allows users to generate art for a new nonfungible token (NFT) collection or upload an existing NFT collection. Novel can then deploy smart contracts over the collection and make them available to users for purchase on the Shopify storefront. Once an NFT is purchased, Novel will automate the currency bridge and create a corresponding crypto wallet for the customers. On the utility side, Novel allows merchants, including brands and creators, to enable token-based utility on their Shopify storefronts, including token-gated products, URLs and discounts, cross-chain gating on Solana, Ethereum and Polygon, ERC-20 gating and more.”

September 29, 2022

On the web

Shopify Targets Physical Retailers After an Overly Aggressive Bet on e-Commerce

Yahoo Finance

“Shopify Inc., Canada’s largest e-commerce company, announced Tuesday that it will start selling new hardware for brick-and-mortar retailers, as it attempts to recover from an overly aggressive bet on the speed at which the economy would move online.  The device, called POS Go, resembles a smartphone and will allow retailers to provide wireless checkout anywhere in store, while also allowing merchants to view analytics and data on such things as sales, inventory and product information.”

July 27, 2022

On the web

Shopify x YouTube, Instagram Integrates Payments & Chat

Sourcing Journal

“Shopify and YouTube‘s new partnership enables merchants on the e-commerce giant to integrate their online store into the video-sharing platform. With the launch of YouTube Shopping on Shopify, merchants can sell their full range of products via live streams, videos, and a store tab to reach the platform’s 2 billion monthly logged-in users…With livestreams, merchants can tag and pin products at key points during the video. YouTube will offer picture-in-picture playback so consumers can continue to watch while they check out. The standard video option enables merchants to show a curated list of items in a “product shelf” listed below on-demand videos. And the store tab will be added to every merchant’s YouTube channel so they can feature their entire selection of products.”

February 16, 2021

On the web

Shopify’s Secret Weapon Is Thousands of New Business Owners

Wall Street Journal (pay wall)

“Small-business formation is surging in the U.S., and e-commerce company Shopify Inc.  has been reaping the gains of that business boom. More Americans are opening online stores and selling goods and services to make money as the effects of the pandemic have wiped out jobs and disrupted in-person activities like dining and shopping. The shift has brought a wave of new business to Shopify, which sells subscription services that enable people to put up websites, accept online payments, and ship and track orders to customers. But Shopify’s business model carries risks. Analysts expect the surge in e-commerce that drove much of the company’s growth to taper as the pandemic ebbs. “There could be a material deceleration in sales growth,” said Tom Forte, an analyst with DA Davidson.”

December 1, 2020

On the wires

Shopify Merchants Break Records with $5.1+ Billion in Worldwide Sales over Black Friday/Cyber Monday Weekend

“Shopify Inc. (NYSE:SHOP)(TSX:SHOP), a leading global commerce company, announced today Black Friday/Cyber Monday weekend results, with sales of $5.1+ billion from the more than one million Shopify-powered brands around the world. From November 27 through November 30, total sales grew by 76% from the $2.9+ billion reported for Black Friday/Cyber Monday weekend in 2019, a record that was surpassed this year on Saturday, November 28, at 5:00pm ET.”

October 27, 2020

On the web

TikTok partners with Shopify on social commerce


TikTok is further investing in social commerce with today’s announcement of a new global partnership with e-commerce platform Shopify. The deal aims to make it easier for Shopify’s over 1 million merchants to reach TikTok’s younger audience and drive sales. The partnership will eventually expand to include other in-app shopping features, as well, the companies said.”

April 28, 2020

On the web

Shopify launches Shop, a new mobile shopping app


“While Shopify is best-known for powering the online stores of more than 1 million businesses, the company is launching a consumer shopping app of its own today, simply called Shop. The app is actually an update and rebrand of Arrive, an app for tracking packages for Shopify merchants and other retailers, which the company says has been used by 16 million consumers already. Shop includes those same package tracking capabilities, but it also allows consumers to browse a feed of recommended products, learn more about each brand and make purchases using the one-click Shop Pay checkout process.”

February 21, 2020

On the web

Shopify Joins Libra, Defying a Wave of Defections From the Crypocurrency Venture

Digital Transactions

“The controversial Libra cryptocurrency project gained a new member Friday with Shopify Inc.’s announcement it will join the Libra Association , the governing body for the fledgling venture. Shopify’s decision comes in the face of a string of eight high-profile defections from the association since October, including decisions by Mastercard Inc., PayPal Holdings Inc., Stripe Inc., and Visa Inc. to drop their memberships. But Shopify, a commerce platform based in Ottawa, Canada, made it plain it sees Libra offering advantages for digital payments and merchandising. “[W]e spend a lot of our time thinking about how to make commerce better in parts of the world where money and banking could be far better. That’s why we decided to become a member of the Libra Association … As a member … we will work collectively to build a payment network that makes money easier to access and supports merchants and consumers everywhere,” the company said in a blog post explaining its decision.”

April 25, 2019

On the web

Shopify Unveils a New Lineup of Retail Hardware


Shopify is expanding its efforts in brick-and-mortar retailer with the launch of its new retail hardware collection . The company is best-known as a platform for building online stores, but it also offers point-of-sale software for physical stores, and it launched a credit card reader a couple years ago. With the new collection — which includes a redesigned Tap & Chip Reader, as well as the Dock and Retail Stand — Shopify has created a more comprehensive solution for offline retail.”

May 9, 2018

On the wires

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