Shopify (SHOP) stock surged 9.51% in pre-market trading on Wednesday, following the announcement of a direct integration with PSQ Payments, a cancel-proof payment platform developed by PublicSquare. This significant move comes as PSQ Payments launches its app on the Shopify App Store, potentially revolutionizing payment solutions for e-commerce businesses.

The integration makes PSQ Payments accessible to a vast number of online retailers, as Shopify powers approximately 30% of e-commerce websites in the United States. This development is seen as a major opportunity for Shopify to enhance its payment processing capabilities and attract more merchants to its platform.

Michael Seifert, CEO of PublicSquare, emphasized the importance of this integration, stating, "This integration enables business owners who use Shopify to directly integrate with our cancel-proof payments solution via the Shopify App Store, ensuring they have the tools to operate with peace of mind, knowing their economic liberty will never be violated." The new app offers features such as an optimized Shopify checkout, a comprehensive merchant dashboard, built-in fraud protection, and seamless refund management, which could significantly improve the e-commerce experience for both merchants and consumers.