On June 28, 2022, Shopify announced the launch of the Shopify Payments feature in France. The solution, already deployed in 18 countries, will allow French companies to sell and be paid in several currencies to facilitate international transactions. Émilie Benoit-Vernay, Head of Southern Europe Expansion at Shopify, said this new feature is a game-changer for French merchants by making commerce accessible “ from online to brick-and-mortar, local to global, from Facebook and Instagram to TikTok and Spotify “.
A Shopify payment portal specially designed for French companies
The French now have the ways to sell everywhere and to everyone “. This is the message that Shopify sent to businesses, with the launch of Shopify Payments in France. The functionality, which represents an all-in-one solution, includes online payments and avoids the lengthy procedures imposed by external payment services.
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If Shopify Payments is already available in other countries, the e-commerce platform ensures that the product is specially calibrated to meet the needs of French merchants. ” Shopify now serves tens of thousands of innovative French businesses, including Monnier Frères, Anja Paris, Jimmy Fairly, and Le Tanneur. French merchants generated an economic impact of 5.8 billion euros in 2021 “, she announces.
Many expected benefits
The main selling point of Shopify Payments is the simplification of purchases through flexible payments. In its press release, Shopify mentioned that French businesses have the option to sell in “ more than 100 different currencies “.
This is an effective way to provide a shopping experience tailored to each market, since customers in Japan, the United States or England will be able to pay and be reimbursed with their local currencies. It also includes free tools for fraud analysis and centralized management of financial activities (chargebacks, refunds, orders).
The other advantage of Shopify Payments is its openness to social commerce. French merchants can use Facebook, Instagram and TikTok to close more sales. It’s a real boon, knowing that 21% of French people finalized a purchase on a social network in 2021.