PYMNTS-MonitorEdge-May-2024

shopify

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary E-Commerce platform for online stores and retail point-of-sale systems.

Source: shopify.com

Amazon vs Walmart Weekly: The Battle Over Payments, Pricing, Perks
Amazon vs Walmart Weekly: The Battle Over Payments, Pricing, Perks
September 02, 2022  |  Retail

Finding customers, tantalizing them with targeted ads and merchandise, and then presenting products in a compelling way are all retail art forms in and of...

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Shopify Pressures Merchants to Ditch Buy With Prime
Shopify Pressures Merchants to Ditch Buy With Prime
September 01, 2022  |  eCommerce

Shopify does not want its merchants utilizing Amazon’s Buy with Prime, warning that installing it will cut out Shopify’s ability to protect against fraud. This...

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Smart Texts Can Turn Abandoned Carts Into Conversions
Smart Texts Can Turn Abandoned Carts Into Conversions
August 31, 2022  |  artificial intelligence

Cart abandonment often occurs when consumers become frustrated while searching for certain items and price points. It’s costing billions in lost sales, but there are...

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Shopify, Roblox Worries Over Consumers Drag CE100 Shopping Sector Down 8%
Shopify, Roblox Worries Over Consumers Drag CE100 Shopping Sector Down 8%
August 22, 2022  |  Connected Economy

The Connected Economy 100 (CE100) Index lost 5.4% on the week, far outstripping the 2.2% loss in the Nasdaq and the roughly 1.1% decline in...

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Shopify Sees Merchant Exodus Amid Decline in Consumer Spending
Shopify Sees Merchant Exodus Amid Decline in Consumer Spending
August 08, 2022  |  eCommerce

Businesses dealing with high costs and a decline in consumer spending have begun to move away from eCommerce platform Shopify. As Reuters reported Monday (Aug....

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Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
August 04, 2022  |  Omnicommerce

We’ve learned more about how to sell anywhere under any conditions in the past two years than in the prior 20, and more of that...

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Attentive Partners With Shopify to Advance Buying by Text 
Attentive Partners With Shopify to Advance Buying by Text 
August 03, 2022  |  Mobile Commerce

Conversational commerce firm Attentive is partnering with eCommerce platform Shopify to make it easier for shoppers to make direct purchases after receiving a text message...

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Shopify Cutting 10% of Global Workforce
Shopify Cutting 10% of Global Workforce
July 26, 2022  |  eCommerce

Canadian eCommerce company Shopify is slashing 10% of its global workforce or roughly 1,000 people, The Wall Street Journal reported on Tuesday (July 26) citing...

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Shopify Partners With Airwallex to Drive Global Payments
Shopify Partners With Airwallex to Drive Global Payments
July 21, 2022  |  eCommerce

FinTech payments platform Airwallex is partnering with eCommerce firm Shopify to offer online merchants a streamlined integration for payment acceptance from customers around the world. The Airwallex Online Payments...

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