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Hertz Teams Up with Stripe on Rental Car Payments

By PaymentsJournal
March 7, 2024
in Analysts Coverage, Digital Payments, Emerging Payments
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Hertz Teams Up with Stripe on Rental Car Payments

Hertz Teams Up with Stripe on Rental Car Payments

Hertz Corp. is working with Stripe to streamline payments for its car rental brands, encompassing Hertz, Dollar, and Thrifty. This collaboration enables customers to use a variety of digital payment options, including Apple Pay.

Stripe will facilitate transactions across roughly 3,000 of Hertz’s locations globally. Both companies have collaborated on a shared roadmap that aimed at addressing specific payment requirements, such as extended authorizations for weekly rentals.

“We’re thrilled to partner with Stripe to provide our customers with new digital payment options that will enable a faster and more seamless rental experience,” said Tim Langley-Hawthorne, Chief Information Officer at Hertz in a prepared statement. “Getting our customers on the road quickly with exceptional service is our top priority and this partnership with Stripe is an example of how we’re leveraging advanced technology to make that possible.”

More Digital Payment Experiences

In addition to powering transactions at physical locations, Stripe will serve as Hertz’s primary in-person checkout platform. It will handle payments for all reservations made directly on Hertz, Dollar, and Thrifty websites and apps.

By leveraging Stripe’s payment infrastructure, Hertz is able to enhance the efficiency and convenience of its payments processes, ultimately improving the overall customer experience. What’s more, expanding the range of digital payment options, including Apple Pay, aligns with evolving consumer preferences—and potentially attracts a broader customer base.

For Stripe, teaming up with a prominent player in the car rental industry provides an opportunity to solidify its position in the space. Handling transactions across thousands of Hertz locations worldwide demonstrates Stripe’s scalability and reliability, reinforcing its appeal to other businesses seeking seamless payments solutions.

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