Sep. 17 at 7:59 PM
$PYPL announced a multiyear strategic partnership w/
$GOOGL
The collab will integrate PayPal’s payment solutions throughout Google’s ecosystem while leveraging Google’s AI capabilities to enhance PayPal’s services.
Under the agreement, PayPal Enterprise Payments will become a key provider processing card payments across Google Cloud, Google Ads, & Google Play
The partnership will focus on several key areas, including the development of AI-powered shopping experiences & creation of industry standards for "agentic commerce" - commerce facilitated by AI agents
PayPal’s branded checkout, Hyperwallet & PayPal Payouts solutions will be integrated across various Google products
Additionally, PayPal will expand its relationship w/
$GOOG Cloud to reimagine its tech foundations, apps, & infrastructure to power its next-gen commerce & payments platform
Partnership would bring PayPal’s products & services to billions of Google users worldwide