Fintech darling Stripe has become a “a strategic payments partner” for retail behemoth Amazon in the U.S., Europe and Canada under an “expanded global agreement” between the companies, according to an online post from Stripe on Monday.
The two companies have been partners since 2017, when Amazon tapped digital payments company Stripe to extend its then e-commerce business into Europe and Asia, according to the post.
As part of the new agreement between the companies, Stripe said it will “expand its use of Amazon Web Services,” which has served as Stripe’s cloud infrastructure provider, to operate and grow its business of catering to internet-based companies worldwide.
Source: Payments Dive
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 