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Amazon-Stripe partnership

(stripe.com)
258 points polyrand | 1 comments | 23 Jan 23 15:38 UTC | HN request time: 0.2s | source
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morpheuskafka ◴[23 Jan 23 16:34 UTC] No.34491019[source]▶
I don't understand how Amazon needs or can use Stripe in the US (I can see how it would be useful for the emerging markets they were previously using). As the largest merchant in the country, don't they already have direct negotiations with banks and compete for the lowest possible fees?
replies(4): >>34491124 #>>34491128 #>>34491135 #>>34491732 #
1. jaywalk ◴[23 Jan 23 16:40 UTC] No.34491128[source]▶
I bet fraud detection is a big part of it, if not the only part of it.