Stripe wins Airbnb deal

Stripe, a financial infrastructure platform, has partnered with Airbnb to enable bank payments for Airbnb guests. This collaboration allows guests to securely add their bank accounts as a payment method and utilize Stripe’s native one-click checkout called Link for future bookings.

Facts

  • Airbnb guests can now use Stripe Financial Connections to add their bank account as a payment method.
  • The addition of bank payments through Stripe offers another popular payment option for Airbnb guests with a US bank account.
  • Stripe’s features include over 100 optimizations to enhance the checkout experience, including pre-built payment UIs and support for more than 40 payment methods.
  • Link, Stripe’s native one-click checkout, allows Airbnb guests to make bank payments quickly by utilizing bank details saved from previous purchases at any Link-enabled business.
  • Stripe’s newest checkout optimizations have been shown to increase revenue for businesses by 10.5% according to a study published by Stripe.
  • Dave Stephenson, Chief Financial Officer at Airbnb, expressed excitement about partnering with Stripe to provide guests with more payment options, including bank payments with Link.
  • Mike Clayville, Chief Revenue Officer at Stripe, highlighted the convenience and speed of bank payments as an option for guests who prefer paying with their bank accounts.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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