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TechCrunch Daily Crunch

Daily Crunch 1/18/22

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 18 January 2022

⏱️ 3 minutes

🧾️ Download transcript

Summary

Ford signs 5-year agreement with Stripe to scale e-commerce; Amazon rows back on threat to stop accepting UK-issued Visa cards Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:44.9

station dot com code tech news this is tech crunch

0:52.0

here's your daily crunch.

0:55.0

Ford Motor Company has signed a five-year agreement with Stripe and online payment

1:00.9

processor to scale the automaker's e-commerce capabilities.

1:05.0

Strip will facilitate transactions for vehicle orders and reservations, handle financing

1:09.5

options for Ford's commercial customers, and route customers payments from the

1:13.7

automakers website to the correct local Ford or Lincoln dealer. Ford plans to

1:18.9

begin rolling out Stripes technology in the second half of 2022 starting with North America.

1:25.1

And Amazon appears to have rode back from a public threat to end support for visa payments

1:29.8

in the UK in a dispute over payment fees. The e-commerce giant sent an email to users of

1:35.6

Amazon.co. UK yesterday informing them that the expected change, which was due to take place on January 19th

1:44.0

will not now take place on that day although it is still not clear if the two

1:49.7

companies have come to sustained terms on fees.

1:55.0

Now let's see what's going on in the world of startups.

...

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