Shopify announced Tuesday its plans to expand Shop Pay payments offered beyond merchants who use the company for its online-store services. Shop Pay will come to the Facebook core platform, Google, and to Instagram this summer. Google later in the year.
"By bringing Shop Pay to all merchants regardless of the commerce platform they use, we're making an industry-leading checkout more accessible to independent brands at a time when finding and converting customers has never been more important," Shopify said in a blog post.
The company said that this is will be the first time it is making one of its products available for merchants who aren't Shopify users.
Thanks to all these changes, Shopify shares are up 2% in Tuesday morning trading. They've gained 15% over the past three months as the S&P 500 SPX, -1.31% has risen 7%.
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