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Finance & Economics

Shopify Introduces Commerce Components

Commerce Components by Shopify is the suite of API tools for enterprise retail enabling global retailers to integrate components of Shopify with their own systems

Shopify Commerce Components

Shopify Introduces Commerce Components. Image: Shopify

Commerce Components by Shopify combines access to Shopify’s foundational, high-performing components, e.g. its proprietary checkout or storefronts, with flexible APIs that integrate seamlessly with a retailer’s preferred back office services.

With the new set of tools, enterprise retailers can now build their customer experience with the same components Shopify uses to power 10% of all US e-commerce. Using Shopify’s proprietary infrastructure, businesses will still have full control of their brand identity, customer relationships, and data.

Brands which choose to integrate their existing services with Shopify’s modular components can take the components they need, and omit the unnecessary tools. Besides, developers will be free to build their products with any front-end framework they choose.

The features of the Commerce Components stack include processing up to 40,000 checkouts per minute, access to over 100 million existing Shop Pay customers, 275 network edge points of presence, low-code storefronts, AI-enabled search, a dedicated account team with solutions architects, 24/7 support, and a network of trusted agency partners and system integrators like Deloitte, EY, and KPMG.

“We’ve always approached innovation at Shopify by anticipating what retailers need, then providing those solutions. Commerce Components by Shopify opens our infrastructure so enterprise retailers don’t have to waste time, engineering power, and money building critical foundations Shopify has already perfected, and instead frees them up to customize, differentiate, and scale.”
Harley Finkelstein, President of Shopify

Famous American toy brand Mattel will be one of the first retailers to utilise the new tools stack, bringing their entire portfolio of brands to Shopify. Mattel has previously cooperated with Shopify on its successful Mattel Creations project.

SEE ALSO:

Retailers Prepare to Close the Holiday Quarter: This Season was Different

Shopify shareholders decided to give 40% of the voting shares

Going shopping? Don’t drink coffee beforehand

Nina Bobro

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https://payspacemagazine.com/

Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.