Ecommerce News Platform: Shopify News

Shopify Adds Stripe As Payment Gateway App for Subscription

January 17, 2022

Subscription Apps enable programmers, business owners, and developers to build subscription experiences directly into the checkout process. By leveraging the power of subscription APIs, merchants can sell services and goods in numerous ways. Shopify has curated several tutorials and docs that one can utilize to familiarize themselves with all concepts of subscription apps creation procedure from start to finish. The steps are divided into three categories: explore, build and launch. The latest addition to the payment gateway for subscriptions is Stripe. This prominent payment gateway allows you to accept money from international and local customers. It has multiple in-built features, making it a suitable player gateway app for all businesses. From January 17, 2022, Merchants who have Stripe on their Shopify Checkout can start using the Subscription API.

Shopify Will Charge Regulatory Operating Fee to Accommodate DST Rates

January 10, 2022

Shopify has recently updated their PPA and API terms to pave the way for a future for the eCommerce platform and to encourage the growth of both Shopify partners and developers. The new updates will not compromise the integrity and security of products or services offered by the platform. One such update is the addition of Regulatory Operating Fee. Some countries charge a DST or Digital Service Tax on products/services that are sold digitally. The percentage of DST varies from country to country. Shopify’s new Regulatory Operating Fee will be charged on public app and theme sales to accommodate the DST charged in those particular countries. Merchants can see the Regulatory Operating Fee applied on their app and theme sales in the Partner payout CSV or in the Partner Dashboard.

Release of Custom and Standard Product Types

January 3, 2022

The year 2022 is a massive year for Shopify. Numerous changes are scheduled to take place in the upcoming month. The 2022-01 version of this eCommerce platform's API will include many advanced features. One such feature is the introduction of two unique fields to the Product Object to GraphQL Admin API. The standardizedProductType and customProductType are expected to ease merchants' burden by decreasing the number of tasks they have to perform. Furthermore, it's interesting to note that the standardizedProductType is a brand new data primitive connecting products to the Shopify Product Taxonomy. It is currently utilized to determine the product eligibility for the Shopify app and as a part of Shopify's BFCM Notebook. The eCommerce platform confirms that there is much in-store for standardizedProductType in the future.

New Payout Methods Rolled Out for Shopify Partners Through Hyperwallet

New Payout Methods Rolled Out for Shopify Partners Through Hyperwallet

December 31, 2021

All partners such as experts, affiliates agency partners, app developers, and theme developers would reap the benefits of new payout methods introduced by Shopify last month. Shopify updated its revenue share plan in 2021, giving partners more flexibility on payout methods and access to more regions. They have integrated with Hyperwallet to introduce easy payout options through Partner Dashboard, ensuring more incoming partnerships. The partners get more control over their earnings through the region-based flexible payout methods. The choice to give partners 100 % of their revenue on the first $1 million earning per year presents them with preferential industry-leading pricing and fees. They get an expanding regional and international coverage which PayPal earlier limited.

Shopify Has Made Multiple Order Shipping Easy with Bulk Order Fulfillment

Shopify Has Made Multiple Order Shipping Easy with Bulk Order Fulfillment

December 22, 2021

Shopify has updated a new feature where merchants can update shipping labels in bulk for multiple orders at once. They can modify the weight, shipping methods, package type, and service for several orders in bulk even before purchasing shipping labels. They can also buy and print up to 50 shipping labels at a time from the Orders page in the Shopify admin in the US. The purchase and review can be made for multiple labels in one centralized view, enabling buyers to get an overview and make necessary tweaks before purchasing. Sellers get to edit multiple shipping labels simultaneously from a desktop and individually from a mobile device. They have access to remove a label from bulk purchases. A warning would be issued to alert the trader if an issue crops up during the editing, purchasing, or printing process.

Merchants Can Sell Wholesale on Shopify Handshake with Ordering Widget

Merchants Can Sell Wholesale on Shopify Handshake with Ordering Widget

December 14, 2021

Suppliers can now add the all-new ordering widget or button to their Shopify store to promote their profile on the Handshake marketplace. It is a dynamic component that displays a Handshake branded image with a Shop Wholesale button that directs customers to the supplier's profile on the Handshake marketplace. Retailers get free shipping and $50 off on > $200 spends when they place orders using the supplier widget or button for the very first time. After the order is fulfilled and if the retailers are using Shopify Payments, Handshake reimburses the $50 discount and up to $75 of the shipping fee. Merchants can add the widget to their online store's page without editing any code. They need to manually edit the store's code to add the widget to another place than a page. To customize the widget or button, they can edit its code.

Shopify Joins Hands With JD.com to Take China By Storm

Shopify Joins Hands With JD.com to Take China By Storm

December 10, 2021

Shopify is collaborating with China's Fortune Global 500 eCommerce platform JD.com. The alliance opens up arenas for US merchants to sell to consumers across China utilizing JD's cross-border eCommerce platform 'JD Worldwide.' This decision saves traders from the hassles of finding a market niche in cross-border commerce. China is the biggest eCommerce market globally and the most restricted and inaccessible one. The revenue is projected to reach $3.3 trillion by 2025, which is five times the size of the US eCommerce market. 52% of China's total retail revenue is generated from eCommerce, presenting US traders with unparalleled opportunities. Gaining entry into the country's eCommerce segment through one of their two massive B2C online retailers is sure to uplift Shopify's reputation among US eCommerce merchants.

Shopify Steps Into Creative Territory With Spotify Collaboration

Shopify Steps Into Creative Territory With Spotify Collaboration

December 4, 2021

Shopify has yet again proven its adaptability to market trends with a strategic partnership with Spotify, thereby stepping into the $100B worth of 'Creator Economy.' This deliberate move aids artists in marketing their brand and music into eCommerce and audio streaming. Communities, brands, and followers are formed around each artist, transforming them into million-dollar businesses. To top it all, extra revenue gets generated through marketing brand merchandise. Artists can directly reach out to the audience already interested in their body of work by linking their Shopify online stores with the fan development platform 'Spotify for Artists', used today by one million artists. They can directly showcase their merch through Shopify profile and Spotify channel to capitalize on their fandom.

Shopify to Ease Global eCommerce Through Shopify Markets

Shopify to Ease Global eCommerce Through Shopify Markets

November 25, 2021

Studies show that one in four US buyers would have done business with a merchant from a foreign country by 2022. These metrics show that the cross-border e-commerce market is a far-reaching one. Shopify's international domains and multi currency solutions aid merchants in finding a footing in the international marketplace. Shopify Markets is Shopify's one-stop solution for merchants to manage global consumers. Trading is made possible from a single Shopify store. The platform presents industrialists with a unified dashboard for their many verticals. Customizations on local currencies, local languages, local domain, and tax management are made accessible at the click of a button. This move has made running multiple eCommerce stores in different parts of the world easy for entrepreneurs.

Shopify Introduces New Payout Methods for Shopify Partners

November 18, 2021

Shopify has rolled out new payment methods for app developers, theme developers, experts, affiliates, and agency partners. The new payout methods offer more flexibility with respect to payouts, more coverage, and support for more countries around the world, to give every entity more control of their earnings. Shopify has done this by partnering with Hyperwallet, which offers to bring more flexibility in payout options for partners. This may include local bank transfers, wire transfers, and other payout methods, other than PayPal. Through the new system, Shopify wants to help their partners thrive, profit, and complete seamless error-free transactions. Plus, Shopify is looking to make it even easier and better to become a partner. The new payment methods offer every payee the advantage of accepting payments as per their convenience.

Preview of Hydrogen, a Framework for Building Custom Storefronts is Now Out

November 12, 2021

Shopify has released a preview of Hydrogen, which is a React-based framework for building custom storefronts. Hydrogen reflects and is in line with what Shopify believes is the future of eCommerce - fast, personal, and dynamic. Hydrogen is now available in developer preview and will offer a sneak peek into how developers can build unique custom storefronts faster than ever before. Hydrogen helps to bring together a wide range of technologies that help to build dynamic experiences on your storefront without giving up on store performance and loading time. It helps store owners realize a fast user experience that is personalized and contextual to their brand identity. Hydrogen is fully open source, and Shopify wants to make it simple and fun for developers.

Shopify Launches the Global Enterprise Resource Planning Partner Program

November 6, 2021

Shopify has announced the Shopify Global ERP Partner Program with their first five flagship enterprise resource planning (ERP) partners. The program should help to solve merchant pain points, such as, integration costs, timely setup, and privacy concerns. This new program should make it easier for the partners to pitch Shopify Plus to large enterprise businesses with existing ERPs in their business model. The program opens up more opportunities to work closer with global partners. Plus, Shopify is all set to introduce new payout options to improve the way they pay their entities in their ecosystem. The new Payouts system will subject the partners to less fees, and will be available in more regions and currencies. The staggered rollout will start from November 2021.