Website Building » Shopify » Does Shopify Own Recharge?

Does Shopify Own Recharge?

Last updated on October 2, 2022 @ 1:48 am

Shopify is one of the most popular ecommerce platforms in the world, and it’s no surprise that they own one of the most popular payment processors for online stores, Recharge.

Shopify has been in the ecommerce game since 2004, and they’ve been growing steadily ever since. They now have over 1 million active stores on their platform, and they process over $40 billion worth of transactions each year.

Recharge was founded in 2015, and they quickly became one of the most popular payment processors for Shopify stores. They process over $1 billion worth of transactions each year, and they’re available in over 180 countries.

So does Shopify own Recharge? Yes, they do.

Shopify acquired Recharge in 2019 for $450 million. This acquisition gives Shopify even more control over the payments ecosystem, and it allows them to offer even more features and integrations to their customers.

Conclusion: Yes, Shopify owns Recharge.

PRO TIP: If you are thinking about using Shopify to start a business selling rechargeable batteries, you should be aware of a few things. First, Shopify does not own the company Recharge. They are simply a platform that allows you to start an online store. Second, while Shopify is a great platform for starting an online business, they do have some limitations. For example, they do not offer a way to take payments offline or in person. This means that if you want to sell batteries in person, you will need to find another way to take payments. Finally, while Shopify is a great platform for starting an online business, it is not necessarily the best platform for growing a business. If you plan on expanding your business beyond selling batteries, you may want to consider other options.
Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.