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They do, but Stripe may have other advantages that Amazon's home-grown billing does not... fraud detection comes to mind.

• Hermitian909 4y ago
  Stripe's superior fraud detection is an open secret in FinTech. There are apparently a lot of large companies with their own payment rails that route riskier looking payments (e.g. a new account who you haven't yet settled a transaction with) through Stripe for this reason.
  • habitue 4y ago
    which probably makes stripe's job even harder, because now there's adverse selection
    • BurningFrog 4y ago
      You can charge extra per detected fraud.
• mschuster91 4y ago
  If there is one company besides Stripe that I'd expect to have high quality fraud detection, I'd name Amazon actually, maybe add PayPal. The largest online retailer in all major markets sans China and Russia by far, you don't get to that position if you're lacking in the anti-fraud department. (Alternatively, one might say Amazon simply is large enough to eat up the cost of fraud...)
  • ceejayoz 4y ago
    If Amazon has good fraud detection, they should consider using it on sellers.
    • twentyarms 4y ago
      zing!
    • fomine3 4y ago
      Spot on