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Shopify Says Its Merchants Have Created Nearly 5 Million Jobs
Canadian-based global eCommerce company Shopify says its merchants contributed 5 million jobs and $444 billion in global economic activity in 2021. That’s an increase of 45{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} from 2020. Shopify merchants sold $25 billion worth of goods and services outside of their home countries. Small businesses accounted for $11 billion of the $25 billion. In the study, a small business was defined as earning less than $2.5 million in gross revenues. Every dollar spent with an independent merchant has a ripple effect, which the company calls the Shopify Effect. The Shopify Effect reveals the resilience of the millions of merchants using the platform, the entrepreneurs changing our world, and the global…
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Adyen’s all-in-one mPOS solution can help merchants big and small
The information: Netherlands-dependent acquirer and payment gateway Adyen released a mobile position-of-sale (mPOS) featuring in the EU, the Uk, and the US, per a press release. Here’s how it functions: The “all-in-one” Android system allows retailers accept all significant digital payment procedures, which includes cellular wallets and contactless, chip, and magstripe cards (depending on the model). It also has an app management attribute that lets merchants upload and accessibility 3rd-occasion company apps for matters like stock management, loyalty packages, and returns. Why it is well worth looking at: mPOS tech offers distinctive pros for both equally small and substantial corporations in contrast with conventional POS terminals. Modest merchants get a…
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