Google Cloud and PayPal are working more closely together to work on payments infrastructure.
In Brief:
Google Cloud will provide infrastructure and analytics capabilities.
PayPal is moving a larger amount of its core infrastructure over to Google Cloud.
Google Cloud will enable PayPal to process data at a much larger scale.
What does this mean?
Part of PayPal’s hybrid cloud strategy, the move is reportedly prompted by the huge influx of transactions the payments giant experienced as part of the pandemic.
