Tech-finance company cuts ties with Trump campaign after Capitol siege

A tech-finance company announced it cut ties with President Trump and will no longer process payments received on his campaign website.

The company, Stripe, said it cut ties with the president’s campaign site because it violated its policies after pro-Trump supporters stormed the Capitol last Wednesday, the Wall Street Journal reported.

Stripe asked users not to accept payments for “high-risk” activities, including any organization that “engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property.”

The move comes after other technology companies banned Trump from his social media accounts.

Twitter permanently banned Trump on Friday, while Facebook suspended his account until at least after Inauguration Day on Jan. 20.

“We believe the risks of allowing the President to continue to use our service during this period are simply too great,” Facebook CEO Mark Zuckerberg wrote. “Therefore, we are extending the block we have placed on his Facebook and Instagram accounts indefinitely and for at least the next two weeks until the peaceful transition of power is complete.”

The bans on Trump sparked conservatives and supporters of the president to ditch their Twitter and Facebook accounts in favor of moving to smaller platforms that embrace free speech.

One pro-free speech social media company, Parler, has seen a spike in downloads since the presidential election and even became Apple’s most popular app. However, Apple, Google, and Amazon removed the app from its platforms after the siege of the Capitol, crippling the company.

“We will likely be down longer than expected,” Parler CEO John Matze wrote this week. “This is not due to software restrictions — we have our software and everyone’s data ready to go. Rather it’s that Amazon’s, Google’s, and Apple’s statements to the press about dropping our access has caused most of our other vendors to drop their support for us as well.”

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