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January 5, 2023

Shopify Establishes Tools for Larger E-Commerce Retailers

Posted In: Retail Articles

After moving over two decades to build, optimize, and scale its infrastructure, which today supports about 10% of e-commerce and has processed over half a trillion dollars, Shopify is opening up its operations to power the biggest retailers in the world with Commerce Components, the company announced.

In its new initiative, Shopify prioritizes choice, with the flexibility to integrate and innovate without restrictions, while offering trusted infrastructure components that help customer e-commerce teams move faster.

Commerce Components by Shopify combines access to the company’s foundational, high-performing components such as its checkout, which it asserts converts 72% better than a typical checkout, and 91% better on mobile, with flexible application programming interfaces to build dynamic customer experiences that integrate seamlessly with a retailer’s preferred back office services.

Flexible APIs, now with no rate limits, allow brands to integrate their existing services with Shopify’s modular components. Enterprise retailers can assemble the components they need, and leave what they don’t, while developers are free to build with any front-end framework they choose. Foundations include the Shopify checkout system, one that processes up to 40,000 checkouts per minute per store, the company noted. The system also offers access to 100 million existing Shop Pay customers, who have opted in for Shopify’s one-click checkout. In addition, the company maintains, the Shopify globally scaled infrastructure supports fast storefronts no matter where customers are in the world.

“We’ve always approached innovation at Shopify by anticipating what retailers need, then providing those solutions,” said Harley Finkelstein, president of Shopify, in announcing the new initiative. “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.”

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