Quartz
Shopify, known best as the one-stop-shop platform for online businesses, is making big moves in offline payments, too.
The Canadian-founded company recently debuted a new offline payments device called Shopify POS Go, a mobile piece of equipment with a built-in barcode scanner that allows merchants to do checkouts anywhere in store. In the first half of 2022, sales made by merchants using Shopify’s point-of-sale grew nearly 60% from a year ago.
“I think previously, you came to Shopify for e-commerce, and there was sort of this appendage of point-of-sale,” said Harley Finkelstein, president of Shopify, at a conference last month.
But as the initial phase of the pandemic subsides and offline retail has become an option again, retailers that were forced to go online during shutdowns and discovered Shopify are now turning to the company for all of their business needs.