Tech

Hertz taps Stripe for payments processing

Car rental giant joins the likes of Amazon, Uber and Best Buy as clients of the company founded by the Collison brothers

Eileen O’Mara, Stripe’s chief revenue officer. Picture: Conor McCabe

Hertz has reached an agreement with Stripe for the processing of customer payments for its global car-rental business, adding to the financial-technology firm’s roster of clients that also includes Amazon and Uber.

Stripe will process payments for the rental-car company’s in-person bookings at around 3,000 corporate-owned Hertz, Dollar and Thrifty locations in the US, Canada, Europe, Australia and New Zealand, as well as online reservations, according to a statement Thursday. As part of the deal, ...