“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”