Connect with us

Press Release

Givy Enables Multi-Currency Gift Cards on Shopify

Published

2 months ago

on

Givy, a Shopify ecommerce app, now allows merchants to sell gift cards in any supported currency, providing a seamless experience for customers

 

Givy, a leading gifting solution provider for Shopify merchants, today announced the launch of the first comprehensive multi-currency gift card solution for Shopify and Shopify Plus platforms. This groundbreaking feature addresses a critical challenge faced by international merchants: the ability to offer gift cards in multiple currencies with fixed, localized denominations while maintaining price consistency and customer experience across all markets.

The new functionality represents a significant advancement in ecommerce gifting capabilities, enabling merchants to set specific gift card denominations for each supported currency rather than relying on automated conversions that result in irregular amounts. This innovation arrives at a crucial time for global retailers preparing for the holiday shopping season, when gift card sales traditionally account for a substantial portion of annual revenue.

Addressing a Critical Gap in International Commerce
International Shopify merchants have long faced significant obstacles in offering gift cards across multiple currencies. The traditional approach, which converts gift card values from the merchant’s default currency into other currencies, has created numerous friction points in the customer experience. These conversions typically result in unrounded amounts that appear unprofessional and can confuse customers – for example, a gift card intended as a €50 gift appearing as €51.37 due to currency conversion.

Furthermore, fluctuating exchange rates have historically created additional complications, causing the effective value of gift cards to vary over time. This instability has led to customer dissatisfaction when gift card balances unexpectedly fail to cover intended purchases due to rate changes, ultimately impacting merchant reputation and customer loyalty.

Givy’s solution eliminates these pain points by allowing merchants to establish fixed, rounded denominations for every currency they support. Merchants can now offer $50 gift cards to US customers, €50 gift cards to European customers, and £50 gift cards to UK customers, with each maintaining its intended value and professional appearance throughout the customer journey.

Advanced Technology Ensuring Consistency and Accuracy
The platform’s sophisticated approach to multi-currency support extends beyond simple denomination management. Givy continuously updates gift card balances based on current conversion rates, ensuring that value remains consistent and fair across all supported currencies. This dynamic balance management occurs seamlessly in the background, maintaining the customer-facing simplicity while protecting both merchant margins and customer value.

The customer experience has been meticulously designed to maintain consistency throughout the purchase and redemption journey. Gift card amounts are displayed in the customer’s selected currency from initial browsing through final checkout, eliminating confusion and building trust in the transaction process. This consistency is particularly valuable for gift purchases, where the purchaser’s confidence in the gift’s value directly impacts conversion rates.

“Selling gift cards in multiple currencies on Shopify has been a struggle for merchants selling internationally,” states JP Tetrault, co-founder of Givy. “As a leader in the gifting space, our team wanted to offer an elegant solution for customers, and a simple implementation for merchants – we achieved this with this release.”

Strategic Timing for Peak Gifting Season
The introduction of this feature aligns strategically with the approaching holiday shopping season, when gift card sales experience their highest volumes. Industry research indicates that gift card purchases during November and December can represent up to 30% of annual gift card revenue, making a streamlined, professional gifting experience essential for maximizing seasonal opportunities.

A sophisticated gifting flow becomes particularly critical during high-volume periods when customer expectations are elevated and competition for wallet share intensifies. Merchants operating across multiple markets require solutions that can deliver consistent, localized experiences without adding operational complexity. Givy’s multi-currency feature addresses this need by providing a turnkey solution that requires minimal configuration while delivering maximum impact.

The platform also enhances the gift-giving experience through integrated features that facilitate gift card presentation and delivery. Customers can easily personalize their gifts with custom messages, schedule delivery timing, and select from professionally designed templates, transforming a simple transaction into a meaningful gesture. These capabilities are especially valuable for international gifting, where the ability to send appropriately valued gifts across borders opens new revenue opportunities for merchants.

Seamless Integration with Shopify Markets
Givy’s multi-currency functionality has been architected to integrate seamlessly with Shopify’s Markets infrastructure, creating a comprehensive solution for international commerce. Shopify Markets enables merchants to customize their store experience for different regions, including currency, language, and pricing strategies. Givy extends this localization to gift cards, ensuring that this important product category receives the same level of market-specific optimization as physical products.

This integration approach means that merchants who have already invested in Shopify Markets configuration can immediately benefit from multi-currency gift cards without additional technical implementation. The solution respects existing market settings and automatically adapts to merchant-defined currency preferences, creating a cohesive international selling strategy.

The compatibility with Shopify’s native infrastructure also ensures that the solution scales effectively as merchants expand into new markets. As businesses add support for additional currencies or regions, Givy’s gift card functionality automatically extends to these new markets, maintaining consistency and reducing the operational burden of international expansion.

Givy: Pioneering Innovation in Digital Gifting
Givy has established itself as an innovative force in the Shopify ecosystem by consistently delivering functionality that addresses real merchant challenges while enhancing the customer experience. The company’s approach to gift card solutions goes beyond basic functionality to consider the emotional and practical aspects of gifting in modern ecommerce.

As an innovative gifting solution for Shopify merchants, Givy delivers unique functionality not found in other offerings. The platform is currently trusted by thousands of Shopify and Shopify Plus merchants across diverse industries and markets, from emerging brands testing international waters to established enterprises requiring sophisticated gifting capabilities at scale.

The company’s commitment to innovation is evidenced by its comprehensive approach to solving the multi-currency challenge. Rather than offering a superficial solution that merely displays different currency symbols, Givy has developed a robust system that addresses the full lifecycle of multi-currency gift cards, from purchase through redemption, while considering factors such as exchange rate fluctuations, tax implications, and accounting requirements.

Implications for Global Ecommerce Growth
This launch represents a significant milestone in the evolution of international ecommerce infrastructure. As online commerce increasingly transcends geographical boundaries, the tools and platforms supporting global trade must evolve to meet rising customer expectations for localized, professional experiences. Gift cards, as both a product category and a customer acquisition tool, play a crucial role in this evolution.

For established international merchants, Givy’s multi-currency solution removes a persistent source of customer friction and operational complexity. The ability to offer professionally presented, accurately valued gift cards in any supported currency enhances brand perception and reduces support inquiries related to gift card values and conversions.

For merchants considering international expansion, the availability of sophisticated multi-currency gift card functionality reduces barriers to entry. The knowledge that gift cards – often a merchant’s most profitable product category – can be offered seamlessly across all markets provides confidence in international growth strategies.

The solution also has implications for customer behavior and market dynamics. By enabling true cross-border gifting with appropriate currency handling, merchants can tap into new customer segments and gifting occasions. International students, expatriates, and global families represent significant untapped markets for merchants capable of delivering seamless multi-currency gifting experiences.

Implementation and Availability
Givy’s multi-currency gift card feature is now available to all Givy users on Shopify and Shopify Plus platforms. The implementation process has been designed for simplicity, with automatic detection of Shopify Markets configuration and intuitive setup workflows that enable merchants to configure multi-currency gift cards in minutes rather than hours.

Merchants interested in learning more about Givy’s comprehensive gifting solutions can visit https://www.givy.ai for detailed information, case studies, and implementation resources. The platform offers flexible pricing models suitable for businesses of all sizes, from emerging brands to enterprise-scale operations.

Looking Forward
As ecommerce continues its trajectory toward truly global, borderless commerce, solutions that elegantly handle the complexities of international trade while maintaining simplicity for both merchants and customers become increasingly valuable. Givy’s multi-currency gift card solution represents not just a feature release, but a commitment to advancing the infrastructure that enables successful global commerce.

The company continues to invest in research and development to address emerging challenges in digital gifting and international commerce, with additional features planned for release in the coming quarters that will further enhance the gift card experience for merchants and customers alike.

About Givy
Givy Inc. is an innovative gifting solution for Shopify merchants located in Winnipeg, Canada. Already trusted by thousands of Shopify and Shopify Plus merchants worldwide, Givy transforms the gift card experience from a simple transaction to a powerful tool for customer acquisition, retention, and satisfaction. The company’s solutions are designed to scale with merchant growth, providing sophisticated capabilities while maintaining operational simplicity. Learn more at https://www.givy.ai.

Media Contact

Organization: Givy Inc.

Contact Person: JP Tetrault

Website: https://www.givy.ai

Email: Send Email

City: Winnipeg MB

State: Winnipeg MB

Country: Canada

Release id: 33458

The post Givy Enables Multi-Currency Gift Cards on Shopify appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Related Topics:
Continue Reading

Press Release

CMS (867.HK; 8A8.SG) NDA for AD Indication of Long-acting Anti-IL-4Rα Humanized Monoclonal Antibody Injection MG-K10 Accepted in China

Published

35 minutes ago

on

October 30, 2025

By

SHENZHEN, CHINA – China Medical System Holdings Limited (“CMS”) is pleased to announce that its subsidiary, Dermavon Holdings Limited (“Dermavon”, an innovative pharmaceutical company specialized in skin health which is applying for a separate listing on the Main Board of The Stock Exchange of Hong Kong Limited, please refer to the announcement of CMS on 22 April 2025 for details) together with its subsidiaries, holds co-development rights (except for atopic dermatitis (AD)) and exclusive commercialization rights for the Class 1 innovative drug anti-IL-4Rα MG-K10 humanized monoclonal antibody injection (“MG-K10” or the “Product”). The New Drug Application (“NDA”) has been accepted by National Medical Products Administration (“NMPA”) on 30 October 2025. The product is intended for the treatment of adult with moderate-to-severe AD whose disease is not adequately controlled with topical prescription therapies or when those therapies are not advisable.

 

MG-K10 (generic name: Comekibart Injection) is an innovative long-acting anti-IL-4Rα humanized monoclonal antibody that simultaneously blocks the signaling of key type 2 inflammatory cytokines IL-4 and IL-13. With a longer half-life, the Product enables a four-week dosing frequency (currently marketed anti-IL-4Rα drugs require biweekly dosing), which is expected to improve patient adherence. MG-K10 is expected to become the world’s first long-acting anti-IL-4Rα monoclonal antibody to be launched on the market, and has the potential to become the Best-in-Class (BIC).

 

MG-K10 has achieved positive results in a randomized, double-blind, placebo-controlled Phase III clinical study in adults with moderate-to-severe AD, meeting the primary research endpoint as designed, and at 52 weeks of treatment with MG-K10, proportion of participants with Investigator Global Assessment (IGA) score of 0 or 1, also with an improvement of ≥2 points from baseline is 76.6%; proportion of participants with ≥75% reduction in Eczema Area and Severity Index (EASI 75) from baseline is 94.3 %; proportion of participants with ≥90% reduction in Eczema Area and Severity Index (EASI 90) from baseline is 79.1 %. Regarding safety, most of the Treatment Emergent Adverse Event (TEAE) were Grade 1-2, with no Adverse Event of Special Interest (AESI) or fatal adverse event occurred. The incidence of common adverse reactions (conjunctivitis, injection site reactions, etc.) of drugs with the same target is relatively low for MG-K10.

 

The Product has the potential for the treatment of other type 2 inflammatory diseases, such as asthma, prurigo nodularis, seasonal allergic rhinitis, chronic obstructive pulmonary disease, chronic spontaneous urticaria, chronic rhinosinusitis with nasal polyps, and eosinophilic esophagitis. Among them, asthma, prurigo nodularis and seasonal allergic rhinitis have all entered the phase III clinical trial stage in China.

 

If MG-K10 is approved, it will provide a new, effective, and safe systemic treatment option for 14.5 million patients with moderate-to-severe AD[1]. Furthermore, MG-K10 will generate synergy with Dermavon’s ruxolitinib cream (for mild to moderate AD), the oral small molecule TYK2 inhibitor CMS-D001 (for moderate to severe AD), and dermatology-grade skincare products of Heling soothing product series, establishing a comprehensive solution for AD that covers various administration routes (injection, oral, and topical) and addresses multiple needs in “treatment + care”, benefiting a wide range of AD patients. Concurrently, it will further enrich Dermavon’s product portfolio in the field of dermatological treatment and reinforce its leading position in skin health sector.

 

On 24 January 2025, CMS through its subsidiaries entered into a Collaboration Agreement (“Agreement”) with Hunan Mabgeek Biotech Co., LTD and its subsidiaries for MG-K10. In accordance with the Agreement and supplementary agreements, CMS has obtained the co-development rights (excluding AD) and exclusive commercialization rights for the Product in Mainland China, Hong Kong Special Administrative Region, Macao Special Administrative Region, Taiwan Region and Singapore; its subsidiary Dermavon has obtained, through its subsidiary, the co-development rights (excluding AD) and exclusive commercialization rights for the Product in the field of dermatological indications in Mainland China.

 

About AD Indication

MG-K10’s first indication, AD, is a chronic inflammatory skin disease accompanied by severe itching. It is the most burdensome non-fatal skin disease worldwide and also a chronic disease with a relatively high prevalence and significant disease burden in China. It is estimated that there are over 54 million AD patients in China in 2024. Based on SCORAD scores, the proportion of moderate to severe AD in China was 27%, which means there are over 14.5 million patients[1]. Due to the limitations in efficacy and safety of traditional systemic therapies for AD, moderate to severe AD patients often experience delays in systemic treatment initiation, poor compliance, and suboptimal disease control, leaving a significant unmet need in clinical practice[2]. MG-K10, with its extended dosing interval of once every four weeks, is expected to improve patient adherence and provide a new, effective, and safe systemic treatment option for patients with moderate-to-severe AD.

 

About CMS

CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

 

CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

 

CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development in its advantageous specialty fields, strengthening the competitiveness of the cardio-cerebrovascular/ gastroenterology/ ophthalmology/ skin health businesses, bringing economies of scale in specialty fields. Among them, the skin health business (Dermavon) has become a leading enterprise in its field, and is proposed to be listed independently on the SEHK. Meanwhile, CMS continuously promotes the operation and development of its integrated R&D, manufacturing and commercialization chain in Southeast Asia and the Middle East, capturing growth opportunities in emerging markets to support the high-quality and sustainable development  of the Group.

 

Reference:

  1. China Insights Consultancy. Industry report on global and China Dermatology Treatment and Care Industry
  2. Chinese Society of Dermatology, China Dermatologist Association. Clinical pathway for the diagnosis and treatment of moderate to severe atopic dermatitis in China (2023): an expert consensus[J]. Chinese Journal of Dermatology, 2023, 56(11): 1000-1007. DOI: 10.35541/cjd.20230247.

 

CMS Disclaimer and Forward-Looking Statements

 

This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

 

This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

 

Media Contact

Brand: China Medical System Holdings Ltd.

Contact: CMS Investor Relations

Email: ir@cms.net.cn

Website: https://web.cms.net.cn/en/home/

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

CGTN: President Xi Jinping: China, U.S. should work for good of both countries, world

Published

2 hours ago

on

October 30, 2025

By

Following a face-to-face meeting between Chinese President Xi Jinping and U.S. President Donald Trump, CGTN published an article highlighting how head-of-state diplomacy provides strategic guidance for bilateral ties and how China and the United States can work together for the good of both countries and the world as a whole.

 

Chinese President Xi Jinping said on Thursday that China and the United States can jointly shoulder responsibility as major countries, and work together to accomplish more great and concrete things for the good of their two countries and the whole world.

President Xi made the remarks during a meeting with U.S. President Donald Trump after he landed in Busan, the Republic of Korea (ROK), ahead of the 32nd APEC Economic Leaders’ Meeting in Gyeongju and his state visit to the ROK.

The in-person talks came after three phone conversations and several exchanges of letters between the two presidents since Trump was re-elected.

President Xi said the latest round of China-U.S. consultation in Kuala Lumpur, Malaysia, where the two economic and trade teams reached consensus on solving various issues, has provided the necessary conditions for the meeting.

“Dialogue is better than confrontation,” he said. China and the U.S. should maintain communication through various channels and at various levels to enhance mutual understanding, Xi added.

The Chinese and U.S. presidents agreed to maintain interactions on a regular basis. Trump said he looked forward to visiting China early next year, and invited President Xi to visit the United States.

‘Business should remain anchor for ties’

The relationship between China and the U.S. is widely viewed as the most consequential bilateral relationship in the world, since the two nations, combined, are home to over 40 percent of the global GDP, according to a survey by the Chicago Council on Global Affairs, a U.S. think tank.

An annual membership survey from the U.S.-China Business Council, released in July, found that more than 80 percent of American companies doing business in China were profitable last year and said they will remain committed to pursuing opportunities in China over the long term.

Statistics from the United Nations show that the volume of trade in goods between China and the U.S. in 2024 reached $688.28 billion, which was 275 times that of 1979, when diplomatic relations were established. In addition, Chinese statistics ranked the U.S. as its second-largest trade partner in services in 2023 while U.S. data listed China as its fifth-largest services export market.

The business relationship should continue to serve as the anchor and driving force for China-U.S. relations, not a stumbling block or a point of friction, said Xi during Thursday’s talks.

“The two sides should think big and recognize the long-term benefit of cooperation, and must not fall into a vicious cycle of mutual retaliation,” he said.

Xi called on the two countries’ economic and trade teams to continue talks in the spirit of equality, mutual respect and mutual benefit, and continuously shorten the list of problems and lengthen the list of cooperation.

According to a recent CGTN poll, 87 percent of respondents believe China-U.S. economic and trade relations are fundamentally mutually beneficial, and 84.4 percent think closer China-U.S. economic and trade cooperation not only benefits both economies, but also provides a key safeguard for the stability of global industrial and supply chains.

‘China, U.S. should be partners, friends’

During Thursday’s meeting, President Xi emphasized that China’s development and revitalization goes hand in hand with President Trump’s vision to “Make America Great Again.”

China and the U.S. are fully able to help each other succeed and prosper together, Xi said.

The findings of the survey by the the Chicago Council on Global Affairs, released on Tuesday, show that 53 percent of Americans now say the U.S. should undertake friendly cooperation and engagement with China, up from 40 percent in 2024.

China and the U.S. should be partners and friends, Xi said. “That is what history has taught us and what reality needs.”

Given different national conditions, the two countries do not always see eye to eye with each other and it is normal for the two leading economies of the world to have frictions now and then, he said.

In the face of winds, waves and challenges, President Xi said, the two heads of state should stay on the right course, navigate through the complex landscape and ensure the steady sailing forward of the giant ship of China-U.S. relations.

Trump said the U.S. and China have always had a “fantastic” relationship and it will be even better. “We will make both China and the U.S. even better,” he said.

China is the biggest partner of the United States, Trump said. “Together, our two countries can get many great things done for the world and have many years of success.”

https://news.cgtn.com/news/2025-10-30/President-Xi-China-U-S-should-work-for-good-of-both-nations-world-1HT9XrsJqHS/p.html

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

PrairieVault Exchange Rolls Out Embedded Training Modules for Institutional Users

Published

2 hours ago

on

October 30, 2025

By

PrairieVault Exchange introduces embedded training modules within its platform, offering institutions interactive, scenario-based education to streamline onboarding, reinforce compliance, and support operational readiness directly in the trading environment.

United States, 30th Oct 2025, Grand Newswire – PrairieVault Exchange announced the official launch of its platform-embedded training modules, a new initiative designed to provide hands-on, scenario-based education directly within its trading interface. This development aims to accelerate the onboarding of enterprise clients and elevate operational standards across institutional desks.

Enhancing Institutional Readiness through Embedded Education

Unlike traditional learning systems that rely on off-platform resources, the new PrairieVault initiative allows institutions to train directly within the live platform—leveraging context-aware modules that simulate real trading workflows, permission delegation, risk controls, and data handling protocols.

These modules are built around key areas of institutional operation:

Role-based access control (RBAC) walkthroughs

Sub-account permissions and supervision logic

Risk scenario simulations using behavioral models

Audit trail management and data responsibility practices

Bridging Education and Execution

The rollout reflects PrairieVault Exchange’s broader commitment to security-by-design and learning-in-context, especially as it attracts a growing number of asset managers, proprietary trading firms, and fintech service providers. Rather than requiring teams to read manuals or attend webinars, the embedded modules allow “learn by doing” via guided, in-environment tasks.

“Platform-integrated training is a critical step in helping institutional clients operationalize faster and safer,” said Dominic Rahm, Head of Developer Infrastructure at PrairieVault Exchange. “From compliance walkthroughs to live feature trials, institutions can now align training and execution on a unified surface.”

Strategic Fit for Scaling Institutions

PrairieVault Exchange has seen increased demand from regulated entities and enterprise users that prioritize structured onboarding, internal audit compliance, and workflow standardization. The new module system offers team-specific dashboards, progress tracking, and administrative insights into usage trends—allowing institutions to monitor internal readiness before full deployment.

The embedded training framework is available immediately to verified institutional accounts and is fully integrated with PrairieVault’s Smart Account Framework and Modular SDK Layer, ensuring consistent governance and user segmentation.

About PrairieVault Exchange
PrairieVault Exchange is a technology-first trading infrastructure provider focused on institutional-grade performance, risk-aware systems, and modular deployment. Its platform supports secure multi-account structures, behavioral analytics, and developer integration—delivering the precision needed for today’s digital financial ecosystems.

For more information about PrairieVault Exchange, visit one of the following sources:

https://www.prairie-vault.info

https://www.prairievault.review

https://www.prairievault-reviews.com

https://www.prairievault-overview.com

https://www.prairievault.exchange

Disclaimer:
This press release is for informational purposes only and does not constitute financial, investment, or legal advice. PrairieVault Exchange does not make any guarantees regarding future performance or outcomes related to the use of its products or services. Institutions are encouraged to evaluate product suitability based on their own operational requirements and risk frameworks.

Media Contact

Organization: PrairieVault

Contact
Person: Elizabeth Chambers

Website:

https://prairievault.com/

Email:

service@prairievault.com

Country:United States

The post PrairieVault Exchange Rolls Out Embedded Training Modules for Institutional Users
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us