Amazon and Stripe partner to streamline e-commerce payments

Amazon and Stripe have signed an expanded global agreement, deepening the companies’ long-standing partnership.

Amazon and Stripe partner

Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US, Europe and Canada, processing a significant portion of Amazon’s total payments volume across its businesses, including Prime, Audible, Kindle, Amazon Pay, Buy With Prime.

Amazon says it will significantly expand its use of Stripe’s core payments platform and Amazon Web Services (AWS) will provide crucial computer infrastructure to help Stripe serve millions of businesses around the world.

Though the companies have worked closely together for more than a decade, this partnership announcement marks a new chapter in the two companies’ relationship.

Amazon started using Stripe in 2017 to accelerate market expansion in Asia and Europe, and support millions of Prime Day, Black Friday and Cyber Monday purchases around the world.

“Stripe has been a trusted partner, helping accelerate our business at every turn,” said Max Bardon, vice president of payments, Amazon.

“In particular, we value Stripe’s reliability. Even during peak days like Prime Day, Black Friday, and Cyber Monday, Stripe delivers industry-leading uptime. We appreciate Stripe’s relentless commitment to putting users first.”

“We couldn’t run without AWS—and we wouldn’t want to,” said David Singleton, chief technology officer of Stripe.

“AWS is our customers’ first choice. The platform gives Stripe enormous developer leverage, which we then deploy in service of our users. 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.”

So, there you go…its officially a bromance.

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