Payments modernization: Stripe and AWS redefine payment solutions [Video]

In today’s rapidly evolving payments industry, modernization has become paramount. Companies seek faster, more secure and personalized payment solutions to meet the increasing demands of consumers, small businesses and enterprises alike.

This drive for modernization is transforming payments, enabling businesses to innovate and iterate continuously. The collaboration between Stripe and Amazon Web Services Inc. exemplifies this shift.

“We’ve now been in this space for over a decade. We’ve helped over 13,000 platforms embed payments in some way,” said Aakash Sahney, head of product, Stripe Connect. “Embedded payments opportunities are really everywhere. We see companies like Shopify, Lightspeed, Housecall Pro — software platforms that integrate payments for their users is a big category for us — marketplaces like Lyft or DoorDash, as well as large enterprises like BMW integrating payments to smooth the experience for their users, so we’ve had a ton of experience across a ton of different industries.” 

Sahney and Mark Smith, head of payments business …