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BRIEF-Shopify Announces Shopify Balance And Shop Pay Installments

Published 2020-05-20, 12:45 p/m
© Reuters.
SHOP
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May 20 (Reuters) - Shopify Inc SHOP.TO :

* SHOPIFY ANNOUNCES MAJOR PRODUCT LAUNCHES AND UPDATES AT VIRTUAL EVENT REUNITE, INCLUDING SHOPIFY BALANCE AND SHOP PAY INSTALLMENTS

* SHOPIFY INC - AVERAGE DAILY LOCAL ORDERS ON SHOPIFY FOR SIX WEEKS ENDING APRIL 24 GREW 176%, COMPARED TO PRIOR SIX WEEKS

* SHOPIFY - PLAN TO OFFER MERCHANTS CASHBACK AND DISCOUNTS ON EVERYDAY BUSINESS SPENDING LIKE SHIPPING & MARKETING

* SHOPIFY - WITH SHOPIFY BALANCE THERE WILL BE NO MONTHLY FEES OR MINIMUM BALANCES

* SHOPIFY - SHOPIFY BALANCE, BUSINESS ACCOUNT AND CARD BUILT FOR INDEPENDENT BUSINESSES, WILL LAUNCH IN EARLY ACCESS LATER THIS YEAR IN U.S.

* SHOPIFY - TO LAUNCH SHOP PAY INSTALLMENTS LATER THIS YEAR & BE AVAILABLE TO U.S. MERCHANTS ELIGIBLE FOR SHOPIFY PAYMENTS

* SHOPIFY - AS OF MARCH 20, SELLING GIFT CARDS AVAILABLE TO ALL MERCHANTS, AND SHOPIFY HAS SEEN MORE MERCHANTS UTILIZING THIS FEATURE THAN EVER BEFORE

* SHOPIFY INC - ANNOUNCES SHOP PAY INSTALLMENTS, SHOPIFY'S NEW "BUY NOW, PAY LATER" OPTION

* SHOPIFY INC - SHOPIFY IS PARTNERING WITH FACEBOOK

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