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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

TechCrunch

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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