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Ecommerce News Shopify News

Shopify Introduces B2B Vaulting Payments for Seamless and Secure Transactions

Shopify, the leading ecommerce platform, has introduced a new feature for business-to-business (B2B) buyers that allows them to vault their credit cards and reuse them for purchases at checkout. This new feature provides B2B buyers with flexibility and convenience, allowing them to pay for orders at checkout and be charged at a later date when payment is due, without the need to manually enter their credit card information each time.

Credit card vaulting is a secure and efficient payment method that provides peace of mind to both buyers and merchants. By storing credit card information at the company location level, B2B buyers can easily manage their vaulted cards on their customer account and view or delete them at any time. Similarly, merchants can also view and delete vaulted credit cards and charge them through admin, providing more control and visibility over their transactions.

With B2B Vaulting Payments, Shopify is making it easier for businesses to complete orders and make payments without buyer interaction. This new feature streamlines the payment process, allowing for faster and more efficient transactions. Additionally, merchants can notify B2B buyers to update their vaulted credit card information through their account, ensuring that payment information is always up-to-date.

B2B Vaulting Payments is a valuable addition to Shopify’s suite of features for ecommerce businesses. With its focus on security, convenience, and efficiency, this new feature is sure to benefit both B2B buyers and merchants.

Visit Shopify News – here

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Ecommerce News Shopify News

Shopify Introduces Blockchain Commerce Tools for Merchants

Shopify, the e-commerce giant, has launched a suite of blockchain commerce tools to improve the user experience of their Web3-focused stores hosted by the platform. This development was announced via Twitter by Ryan, a Shopify blockchain team designer. The tools are aimed at improving the user experience of Shopify’s Web3-focused stores hosted by the platform.

Tokengating Tools for NFT Merchants

Shopify NFT merchants can now use the “tokengating” tools to regulate which token holders can access exclusive products, NFT drops, and benefits. Previously, this feature was only available to select merchants, but it is now available to all eligible Shopify merchants.
 

To access exclusive products and benefits, users must verify their eligibility through their connected wallets. This tool has been hailed as a useful way for NFT merchants to reward particular users or add exclusivity to specific products.

Expanded Crypto Wallet Support

Shopify has also integrated the sign-in with Ethereum (SIWE) protocol, which allows for secure user sign-ins and authentication of Ethereum accounts and ENS domains without revealing private identifiers to third parties. This integration enables expanded crypto wallet support for Shopify.

SIWE Integration with Shopify

The SIWE integration with Shopify has been highlighted by ENS Labs community advocate @sadaf.eth via Twitter, who shared developer documents detailing how to integrate the tool into Shopify stores. Once merchants connect the SIWE feature on Shopify wallet connect, users can click a “sign-in with Ethereum” button to connect their addresses via intermediaries such as Coinbase, Fortmatic, WalletConnect, Portis, and Torus.

Conclusion

The launch of Shopify’s blockchain commerce tools is a significant development in the world of e-commerce. With expanded crypto wallet support and the tokengating feature, Shopify merchants can offer exclusive products and benefits to their customers, further enhancing the user experience. 

Visit Shopify News – here.

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Ecommerce News Shopify News

Shopify Winter 23 Application Updates

Technology improvements for Shopify App

Despite the constant evolution of commerce, being at the forefront is crucial for success. Shopify understands this and continuously develops and releases durable tools that give merchants an edge. 

Shopify is now showcasing over 100 product enhancements, such as the Shop app updates that provide an easy-to-use mobile strategy for merchants, Checkout customizations, and Shopify Fulfillment Network (SFN) upgrades that offer improved conversion rates. 

These new products are presented along with other major Shopify platform releases from the last six months, including Shopify Markets Pro, POS Go, and Shopify Collabs.

The New Shop App

The Shop app has become an essential component of how Shopify merchants find and connect with buyers in the mobile commerce era. Since its launch in 2020, it has expanded from a simple checkout and order tracking tool to offer more functionality. The Winter ’23 Application Edition features the following updates 

  • Shop minis
  • Shop Store Customization
  • Shop Cash Campaigns
  • One page checkout and checkout extensions

Read more about Shopify Shop App Features – here.

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Ecommerce News Shopify News

Commerce Components by Shopify

Building Quick Scalable Architecture

Shopify has launched Commerce Components, a modern and flexible retail stack designed for enterprise retailers to integrate with their own systems. 

This new offering provides access to Shopify’s component infrastructure, which has powered over $500bn in global commerce, and has been used by millions of businesses worldwide. 

Commerce Components combines Shopify’s foundational, high-performing components, such as its checkout, with flexible APIs to create dynamic customer experiences. 

The new solution prioritizes choice and flexibility to help enterprise retailers integrate and innovate in real-time, without restrictions. 

The first enterprise retailer to use Commerce Components is Mattel, which will bring its entire brand portfolio to Shopify. The new solution includes an all-new back-office management designed specifically for enterprise, which gives retailers the speed and flexibility needed to build for the future

Ease of integration

By utilizing Shopify’s modular components, businesses can integrate their current services and create exceptional customer experiences that are optimized for any device. 

Partner with the Shopify Ecosystem

With over 275 network edge points of presence, Shopify’s infrastructure is globally scaled to provide lightning-fast storefronts to customers no matter where they are located.

Visit Shopify Components here.