Jan 10, 2021

Stripe dumps Trump

 


The Wall Street Journal was the first to report Stripe Inc. will no longer process payments for Trump’s campaign website after the January 6 riots at the U.S. Capitol.

Stripe restricts payments from "high risk" businesses including those that "engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property," according to its website.

Trump's campaign paid Stripe more than $1.8 million in the 2020 election cycle, according to Federal Election Commission records. CNN reports that "Trump's campaign and political operation reported raising more than $207 million between Election Day and early December."

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