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Vesta, a fraud-prevention provider for e-commerce merchants, said it will integrate Stripe Inc.’s Radar risk scores and Stripe Connect, which enables businesses to facilitate purchases and payments between third-party buyers and sellers, into its Payment Guarantee platform.
The Stripe Radar integration will help Vesta’s client merchants increase transactional approval rates and reduce first-party and third-party chargebacks, while the integration of Stripe Connect, will provide merchants with a solution that mitigates fraud and risk, Vesta says.
“We couldn’t have asked for a more symbiotic partnership,” said Ron Hynes, chief executive at Vesta, in a statement. “Vesta and Stripe share a goal of making online transactions as simple and worry-free as possible.”
Late Thursday, Stripe announced it has struck a deal with Alaska Airlines to enable inflight payments for food and beverages using Tap to Pay for iPhone through the Stripe Terminal app. Alaska Airlines will add Stripe Terminal to its company-issued iPhone to accept contactless payments. Alaska Airlines’ more than 7,000 flight attendants currently use the device to monitor seat assignments, offer upgrades, and track dietary preferences, the airline says.
“We are motivated to make our employees’ lives at work easier by deploying innovative technology,” Patrick O’Brien, managing director of product development for Alaska Airlines says in a statement. “Transitioning to Tap to Pay on iPhone with the help of Stripe is creating a more seamless payments workflow—with no new devices required and an easy-to-use setup for our crew.”
Alaska Airlines will initially roll out Tap to Pay on iPhone on select flights and plans to expand the technology across its entire fleet in the coming months.
