According to Financial Post, Shopify will begin providing cash advances directly to online merchants in Canada, as the ecommerce platform rushes out products to support small businesses through the COVID-19 pandemic. Merchants on the platform will qualify for funds ranging from USD 200 all the way up to USD 500,000, depending on the nature of their business.
Moreover, Shopify enables more than a million merchants with payment processing, order management, and other services that make ecommerce easier, with many of those merchants being small businesses. Along with expanding Shopify Capital, the company has made email marketing tools available and added a curbside pickup tool, which allows brick-and-mortar retailers to take online orders. The company has also made its platform available for a free 90-day trial for new merchants, instead of the normal 30 days.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.