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Amazon-Stripe partnership

(stripe.com)
258 points polyrand | 1 comments | 23 Jan 23 15:38 UTC | HN request time: 0s | source
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marban ◴[23 Jan 23 15:53 UTC] No.34490301[source]▶
~2025: Stripe becomes Amazon SBS — Simple Billing Service
replies(7): >>34490363 #>>34490691 #>>34491129 #>>34491654 #>>34491887 #>>34492375 #>>34506754 #
1. prirun ◴[24 Jan 23 17:22 UTC] No.34506754[source]▶
Some comments have mentioned "What would be the advantage of buying Stripe?" For a company like Amazon, a buyout of Stripe mitigates risk. As the Robber Barons said, "Don't let anyone get between you and your customer."

If Amazon has indeed done an evaluation that Strip is more cost-efficient, secure, flexible, or whatever, than maintaining their own payment processing, they don't want to be in a position of Stripe strong-arming them down the road.