Amazon and Stripe expand partnership

Amazon is expanding its existing partnership with Stripe to improve its online payments infrastructure.

The new global agreement will see Amazon “significantly” expand its use of Stripe’s core payments platform to handle payments volume across its businesses including Prime, Audible, and Amazon Pay in the US, Europe, and Canada.

Max Bardon, vice president of payments at Amazon, said that Stripe has helped to speed up its and that it values the FinTech’s reliability.

“Even during peak days like Prime Day, Black Friday, and Cyber Monday, Stripe delivers industry-leading uptime,” Bardon said.

Under the agreement, Stripe said it will also expand its use of Amazon Web Services (AWS), its long-standing cloud infrastructure provider, to run and grow its business.

“AWS gives Stripe enormous developer leverage, which we then deploy in service of our users,” said David Singleton, chief technology officer at Stripe.

Singleton continued: “As we look at the decade ahead, it’s clear the best path forward for Stripe and for our users is to partner more closely with Amazon.”

    Share Story:

Recent Stories


Safeguarding economies: DNFBPs' role in AML and CTF compliance explained
Join FStech editor Jonathan Easton, NICE Actimize's Adam McLaughlin and Graham Mackenzie of the Law Society of Scotland as they look at the role Designated Non-Financial Businesses and Professions (DNFBPs) play in the financial sector, and the challenges they face in complying with anti-money laundering and counter-terrorist financing regulations.

Ransomware and beyond: Enhancing cyber threat awareness in the financial sector
Join FStech editor Jonathan Easton and Proofpoint cybersecurity strategist Matt Cooke as they discuss the findings of the State of the Phish 2023 report, diving into key topics such as awareness of cyber threats, the sophisticated techniques being used by criminals to target the financial sector, and how financial institutions can take a proactive approach to educating both their employees and their customers.

Click here to read the 2023 State of the Phish report from Proofpoint.

Cracking down on fraud
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.

Future of Planning, Budgeting, Forecasting, and Reporting
Sage Intacct is excited to present FSN The Modern Finance Forum’s “Future of Planning, Budgeting, Forecasting, and Reporting Global Survey 2022” results. With participation from 450 companies around the globe, the survey results highlight how organisations are developing their core financial processes by 2030.