Ford Motor Company, after announcing the arrival of the new Mondeo, now also announces the partnership with Stripe . The two companies have signed a five-year agreement to transform and improve the e-commerce and online payments experience. Ford will trust to Stripe as the primary payment service provider for its dealers in North America and Europe.
Together, Stripe and Ford will expand their online payments infrastructure by serving customers and resellers in North American and European markets. Stripe will allow & agrave; also to implement Ford Pro FinSimple solutions for business customers.
With Stripe Connect , Ford will enable & agrave; companies to create a platform to facilitate purchases and payments between third-party buyers and sellers. Ford will use Connect to facilitate payments from a given customer to the Ford dealer or another third party customer.
In the perspective of a development of the digital payment service, the Stripe service will not focus; only on e-commerce payments , but will provide & agrave; to the customer the possibility; to order vehicles in addition to the possibility; to make reservations for digital and top-up services.
We are thrilled to be Ford's payment engine – said Mike Clayville , Stripe's Chief Revenue Officer. During the pandemic, people felt comfortable paying online for groceries or for health care. Now, they expect to be able to buy anything online. Ford is also making e-commerce possible and improving this service with the help of Stripe.
The launch of Stripe technology is expected to take place in the second half. ; of 2022 , starting from North America.
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