Stripe

Payment Processing

Risk Level:

Rating - Danger
High Risk

Summary:

Stripe has cut off services to the Trump campaign and Gab.com, as well as many other former users, based on a broad set of terms and conditions. Stripe does not have viewpoint protections for its employees. The co-founders waived $1 million in fees from racial justice organizations and donated directly to the American Civil Liberties Union (ACLU) to fight former President Trump's travel ban on predominantly Muslim countries. For these reasons, Stripe receives a "High Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Stripe ended its relationship with the Trump campaign following January 6, 2021 (1)(2). Stripe also cut ties with Gab.com after a user attacked a synagogue (2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Stripe has a discounted program for nonprofits and does not appear to discriminate against faith-based organizations (1). Stripe also matches employee donations but does not list any publicly available guidelines for that program.

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Stripe does not protect its employees or potential employees from viewpoint or political affiliation discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Stripe has not publicly used its corporate reputation to support ideological causes or organizations.

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Stripe’s co-founders both made large donations to the ACLU in response to former President Trump’s travel ban from certain countries (1)(2)(3). It is unclear if any corporate funds were used, however. Stripe did waive fees in 202o for racial justice organizations, including some funds used to bail out protesters from the Black Lives Matter protests (4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

Stripe does not have a PAC or donate to political causes.

All links were last accessed and all information was updated on:
January 2, 2023

Company reports are intended for educational use only. Full Disclaimer

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