The partnership consolidates the most in-person and online payments on Stripe's platform.
The integration of Hertz, Dollar, and Thrifty platforms optimizes online reservations.
Stripe, a financial infrastructure platform for businesses,
has announced a strategic partnership with The Hertz Corporation. This
collaboration aims to transform car rental payments for Hertz, Dollar, and
Thrifty car rental brands, marking a milestone in the digital transformation of
the car rental sector.
Streamlining Payment Processes across Hertz Locations
The partnership between Stripe and Hertz will see the
consolidation of the majority of in-person and online payment volume on
Stripe's platform, aligning with Hertz's digital rental strategy. This move
underscores Hertz's focus on streamlining payment processes across its
corporate-owned locations in the US, Canada, Europe, Australia, and New
Zealand.
As part of the partnership, Stripe and Hertz have developed
a shared product roadmap to address specific payment needs, including extended
authorizations for weekly or monthly rentals.
Hertz is adapting to the changing landscape by diversifying
its car rental fleet and catering to a broader range of customer segments,
including leisure travelers, business professionals, and rideshare drivers.
With billions in revenue generated from online and in-person bookings, Hertz
recognizes the importance of embracing innovative payment solutions to stay
ahead in the competitive market.
“Customers expect fast, simple, and reliable car rentals,”
said Eileen O’Mara, the Chief Revenue Officer at Stripe. “We’re thrilled that
Stripe can help Hertz get its customers on the road more easily.”
Hertz's Integration of Apple Pay with Stripe's Support
Stripe
is set to reform Hertz's payment ecosystem across various channels. In-person
bookings will be streamlined through Stripe Terminal, enabling seamless
transactions at 3,000 locations worldwide. Online reservations made on Hertz,
Dollar, and Thrifty platforms will benefit from Stripe's high API reliability
and payment optimization tools, ensuring smooth transactions even during peak
demand. Additionally, Hertz will integrate Apple Pay for US rental
purchases, offering customers a secure and convenient payment option.
Stripe, a financial infrastructure platform for businesses,
has announced a strategic partnership with The Hertz Corporation. This
collaboration aims to transform car rental payments for Hertz, Dollar, and
Thrifty car rental brands, marking a milestone in the digital transformation of
the car rental sector.
Streamlining Payment Processes across Hertz Locations
The partnership between Stripe and Hertz will see the
consolidation of the majority of in-person and online payment volume on
Stripe's platform, aligning with Hertz's digital rental strategy. This move
underscores Hertz's focus on streamlining payment processes across its
corporate-owned locations in the US, Canada, Europe, Australia, and New
Zealand.
As part of the partnership, Stripe and Hertz have developed
a shared product roadmap to address specific payment needs, including extended
authorizations for weekly or monthly rentals.
Hertz is adapting to the changing landscape by diversifying
its car rental fleet and catering to a broader range of customer segments,
including leisure travelers, business professionals, and rideshare drivers.
With billions in revenue generated from online and in-person bookings, Hertz
recognizes the importance of embracing innovative payment solutions to stay
ahead in the competitive market.
“Customers expect fast, simple, and reliable car rentals,”
said Eileen O’Mara, the Chief Revenue Officer at Stripe. “We’re thrilled that
Stripe can help Hertz get its customers on the road more easily.”
Hertz's Integration of Apple Pay with Stripe's Support
Stripe
is set to reform Hertz's payment ecosystem across various channels. In-person
bookings will be streamlined through Stripe Terminal, enabling seamless
transactions at 3,000 locations worldwide. Online reservations made on Hertz,
Dollar, and Thrifty platforms will benefit from Stripe's high API reliability
and payment optimization tools, ensuring smooth transactions even during peak
demand. Additionally, Hertz will integrate Apple Pay for US rental
purchases, offering customers a secure and convenient payment option.
BIS CPMI Takes New Steps to Boost ISO 20022 Adoption for Cross-Border Payments
Executive Interview with Adam Saward | EC Markets | FMLS:24
Executive Interview with Adam Saward | EC Markets | FMLS:24
Executive Interview with Adam Saward | EC Markets | FMLS:24
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Executive Interview with Adam Saward | EC Markets | FMLS:24
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Executive Interview with Johnny Khalil | Tickmill | FMLS:24
Executive Interview with Johnny Khalil | Tickmill | FMLS:24
Executive Interview with Johnny Khalil, Executive Director at Tickmill during FMLS:24
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Executive Interview with Johnny Khalil, Executive Director at Tickmill during FMLS:24
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How Modern Consumer Habits Are Transforming Global Payments
How Modern Consumer Habits Are Transforming Global Payments
The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure and frictionless payment solutions is transforming how businesses and financial institutions approach transactions. But what does this mean for the future of payments, and how can organizations keep up?
On December 4, 2024, Finance Magnates, in partnership with @Visa Direct, hosted a live webinar dedicated to exploring these pressing questions. Industry experts will provided actionable insights into the trends, challenges, and opportunities in global payments, equipping attendees with the tools they need heading into 2025.
DISCLAIMER:
The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
#FinanceMagnates #VisaDirect #GlobalPayments #FutureOfPayments #PaymentsInnovation #CrossBorderPayments #SecurePayments #SeamlessTransactions #FinancialInsights #PaymentsTrends #WebinarRecap #BusinessFinance #DigitalPayments #FintechInsights #Payments2025
The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure and frictionless payment solutions is transforming how businesses and financial institutions approach transactions. But what does this mean for the future of payments, and how can organizations keep up?
On December 4, 2024, Finance Magnates, in partnership with @Visa Direct, hosted a live webinar dedicated to exploring these pressing questions. Industry experts will provided actionable insights into the trends, challenges, and opportunities in global payments, equipping attendees with the tools they need heading into 2025.
DISCLAIMER:
The views and opinions expressed in this webinar are those of the speakers and do not necessarily reflect the views or positions of any entities they represent (including, but not limited to their respective parent companies or affiliates). The views and opinions expressed are based upon information the speakers consider reliable and are intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. No party (speaker or the entities they represent) makes any warranty or representation as to the completeness or accuracy of the information within this webinar, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
#FinanceMagnates #VisaDirect #GlobalPayments #FutureOfPayments #PaymentsInnovation #CrossBorderPayments #SecurePayments #SeamlessTransactions #FinancialInsights #PaymentsTrends #WebinarRecap #BusinessFinance #DigitalPayments #FintechInsights #Payments2025
Executive Interview with Elina Pedersen | Your Bourse | FMLS:24
Executive Interview with Elina Pedersen | Your Bourse | FMLS:24
Executive Interview with Elina Pedersen, Chief Revenue Officer at Your Bourse at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
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Executive Interview with Elina Pedersen, Chief Revenue Officer at Your Bourse at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
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Executive Interview with Rauan Khassan | TradingView | FMLS:24
Executive Interview with Rauan Khassan | TradingView | FMLS:24
Executive Interview with Rauan Khassan from TradingView at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
📣 Stay updated with the latest in finance and trading!
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Executive Interview with Rauan Khassan from TradingView at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
📣 Stay updated with the latest in finance and trading!
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