Hertz Taps Fintech Stripe for Processing of Rental-Car Payments

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.