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Stripe has reportedly stopped processing Trump campaign donations after the riots in the Capitol, arguing that the campaign encourages violence

Published by Business Insider on Mon, 11 Jan 2021

<p><img src="https://static2.businessinsider.com/image/5fc3a50d50e71a0011557d6c-1777/Trump .jpg" border="0" alt="Trump " data-mce-source="AP Photo/Patrick Semansky" data-mce-caption="President Donald Trump."></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Fintech Stripe will stop processing online donations to President Donald Trump's campaign, sources close to the matter told the <a href="https://www.wsj.com/articles/stripe-stops-processing-payments-for-trump-campaign-website-11610319116">Wall Street Journal</a> Monday.</p><p>Stripe had made the decision because the campaign violated its policies against encouraging violence, the sources said.</p><p>Stripe, which processes payments for the Trump campaign website, joins tech companies including Facebook, Twitter, and Shopify in restricting Trump's access to their services following Wednesday's mob attack on the Capitol.</p><p>Urged on by Trump's violent rhetoric and claims of election fraud, <a href="https://www.businessinsider.com/video-trump-protest-riot-us-capitol-washington-2021-1" data-analytics-module="body_link" data-analytics-post-depth="40" data-uri="2fb68579d11d24a20123e9f5b69faba1">rioters stormed the Capitol</a>, just as Congress was due to certify President-elect Joe Biden's election victory. Five people<a href="https://www.businessinsider.com/dc-police-chief-3-deaths-fatalities-medical-conditions-us-capitol-riots-2021-1" data-analytics-module="body_link" data-analytics-post-depth="40" data-uri="21cc7dea1b10f0edadf9b90eb87c6f5c">&nbsp;died</a>.</p><p>Stripe, which progresses card payments for millions of online businesses, does not allow payments for "high risk" businesses and organizations. This covers any firm that "engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property," according to <a href="https://stripe.com/en-gb-us/restricted-businesses">its website</a>.</p><p>Since November's election, Trump's campaign has raised hundreds of millions of dollars from supporters, including donations to help fund legal challenges opposing the resultsdonations amounted to <a href="https://www.businessinsider.com/trump-campaign-election-challenge-fundraised-150m-most-money-future-plans-2020-12">at least $150 million in the first month after the election</a>.</p><p>Insider has contacted both Stripe and the Trump campaign for comment.</p><p>Trump <a href="https://www.businessinsider.com/how-trump-in-final-weeks-incited-his-followers-to-storm-the-capitol-2021-1">incited his supporters to "stop the steal" at a "Save America" rally just hours before the insurrection</a>, encouraging them to object to the election results and "fight" for him.</p><p>"You don't concede when there's theft involved," he told supporters.</p><p>"We fight like hell and if you don't fight like hell, you're not going to have a country anymore," he added.</p><p><em><strong>Read more:</strong>&nbsp;<a href="https://www.businessinsider.com/capitol-evacuated-trump-supporters-protesters-electoral-vote-count-pence-2021-1'r=gd-sub" data-analytics-module="body_link" data-analytics-post-depth="40" data-uri="52a57ec938e106f530823b9da5a40716">Lawmakers, Hill staffers, and reporters recount the harrowing experience as a violent pro-Trump mob broke into the Capitol to protest the electoral-vote count</a></em></p><p>Since the siege, companies have distanced themselves from the president.</p><p><a href="https://www.businessinsider.com/twitter-suspended-president-donald-trumps-account-permanently-2021-1">Twitter permanently suspended Trump's account,</a>&nbsp;<a href="https://www.businessinsider.com/facebook-has-blocked-president-trump-indefinitely-2021-1">Facebook "indefinitely" blocked his account</a>, <a href="https://www.businessinsider.com/snapchat-locked-donald-trumps-account-during-capitol-insurrection-2021-1">Snapchat</a> locked his account, and <a href="https://www.businessinsider.com/reddit-bans-donald-trump-forum-us-capitol-rioters-2021-1">Reddit banned a pro-Trump forum</a>. Twitter and Facebook specifically cited Trump's role in inciting violence in their decision to ban him from their sites.</p><p><a href="https://www.businessinsider.com/apple-bans-parler-from-app-store-over-content-promotes-violence-2021-1">Apple and Google have both banned Parler</a>, a social media platform popular among Trump supports, from their app stores for failing to remove content that promotes violence, and <a href="https://www.businessinsider.com/parler-offline-outage-amazon-servers-2021-1">Amazon has since booted the app off its web-hosting servers</a>, leaving the site offline.</p><p>Shopify has also <a href="https://www.businessinsider.com/shopify-removes-president-trump-store-accounts-2021-1">removed accounts associated with Trump</a>, including his official campaign store, and <a href="https://www.businessinsider.com/marriott-suspends-donations-gop-lawmakers-objected-biden-win-2021-1">major companies including hoteliers Marriott and Morgan Stanley have cut off donations to GOP lawmakers</a> who objected to certifying Biden as president.</p><p><strong>SEE ALSO:&nbsp;<a href="https://www.businessinsider.com/marriott-suspends-donations-gop-lawmakers-objected-biden-win-2021-1" >In the wake of the Capitol siege, Marriott, Morgan Stanley, and other US firms are cutting off Republicans that opposed Biden's certification as president</a></strong></p><p><a href="https://www.businessinsider.com/stripe-trump-campaign-donations-capitol-capitol-riots-wsj-2021-1#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/ocean-floor-much-deeper-humans-understand-animation-2017-3">This incredible animation shows how deep the ocean really is</a></p>
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