Hertz Taps Fintech Stripe for Processing of Rental-Car Payments

March 7, 2024, 2:00 PM UTC

Hertz Global Holdings Inc. reached an agreement with Stripe Inc. 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.com Inc. and Uber Technologies Inc.

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, Stripe also will add Apple Inc.’s Apple Pay for customers using the Hertz app and website.

The partnership ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.