PayPal partners with Google Cloud to accelerate its digital transformation
By Pavithra R
Under the extended deal, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at a massive scale.
Following exponential growth since it became an independent company in 2015, PayPal set out to scale its infrastructure globally, while creating new products and services for customers. As a major step forward in its hybrid cloud strategy, PayPal is moving more of its core infrastructure and workloads to Google Cloud. A critical reason for this shift being surge in digital commerce and user traffic triggered by the global pandemic.
“We can only develop fast, build fast, and deploy fast if we have infrastructure that’s as nimble as we are. By leveraging the power of the cloud, our teams can focus on providing the best products, capabilities and services to our customers. As a part of our strategic partnership, we’re working side-by-side with Google Cloud to scale and secure our infrastructure for the future,” said Wes Hummel, vice president, Site Reliability and Cloud Engineering, PayPal.
By leveraging Google Cloud’s infrastructure solutions, PayPal can now add capacity to their infrastructure seamlessly. Additionally, with the bulk of its online transactional data residing in its SAP S/4HANA database, PayPal was able to leverage SAP’s Financial Products Subledger, delivered at a massive scale on Google Cloud to quickly process transactions at high volume, and analyze purchasing trends at volume with low latency.
“E-commerce has spiked during the pandemic, with people using less cash. As a result, payments providers have been in high demand. We’re working with PayPal to leverage the power of the cloud to make shopping and e-commerce easier, faster, and more secure. And that’s a win for businesses and consumers,” said Derek White, vice president of Global Financial Services, Google Cloud.
Recently, Google introduced PayPal as a payment method for Google Ads and Google Workspace. By integrating PayPal, Google can better serve PayPal’s ecosystem of consumers and merchants. The service is currently available in the United States and select European countries and builds on the existing payment integration with Google Play and Buy on Google.
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October 18, 2021
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