Shopify and PAYMILL partnership

MUNICH, 2ND OF JULY 2013

Shopify, the industry-leading e-commerce platform, which enables customers to create and power online stores, teamed up with PAYMILL, the innovative payment service provider in Europe. Together, they will provide their customers the easiest and most convenient online payment option available.

Shopify allows entrepreneurs to open up their own online shop and distribute their products online. So far, more than 50.000 merchants have sold millions of products via Shopify. The cooperation with PAYMILL will make Shopify more appealing to the merchants’ customers and boost adoption in the European market.

Louis Kearns, Director of Payments of Shopify: “We are thrilled to offer PAYMILL to our expanding community of e-commerce merchants across Europe. PAYMILL provides Shopify stores with an easy-to-use payments solution that is quick to set up and widely available. They’ve successfully optimized merchant account creation times to a level where most Shopify stores will be approved to accept credit card payments in less than a day or two. By combining PAYMILL and Shopify, aspiring entrepreneurs from across Europe will enjoy a new level of simplicity and elegance when launching their web shops, receiving their first orders,

Jörg Sutara, Managing Director of PAYMILL: „We are proud to welcome Shopify, the leading e-commerce platform as our partner. As a logical consequence after their great success in North America, they are now conquering Europe. We are honored to be the preferred payment gateway for their new region. Shopify and PAYMILL stand for cutting edge technology. Customer convenience is key and therefore Shopify is a perfect match for us.

The amount of customer requests concerning an integration with Shopify was overwhelming and we are truly happy that we can satisfy this demand from now on.“ The intuitive developer friendly API, the rapid on-boarding process, the highest security standards, the broad offer of more than 100 currencies and the transparent pricing all combined with comprehensive and friendly customer service sets PAYMILL apart from other online payment solutions. PAYMILL is the first provider to have brought this simple, user friendly technical solution to Europe. Shopify is an e-commerce platform that allows anybody to easily create an online store. Shopify currently powers over 50.000 active online retailers, including: Gatorade, Forbes, Tata Group, Tesla Motors, Amnesty International, Encyclopedia Britannica, and many more. Shopify was founded in 2006 and has received $22 million in Series A and B funding from Bessemer Venture Partners, FirstMark Capital, Felicis Ventures, and Georgian Partners. For more information please visit http://www.shopify.com.