PayPal and Google Pay deepen payments relationship
Bill Ready, COO and EVP, PayPal, says it already partners with Google for its shared users to pay via PayPal in-store, online and in-app with Google Pay and on Chrome mobile web.
They are now extending that partnership to offer more payment options across the Google ecosystem.
Ready doesn’t provide specific timelines but says “soon”, users in the US who add PayPal to any one of Google’s services will be able to pay across the Google ecosystem, anywhere that PayPal is offered as a payment method.
For example, when a user adds PayPal to their Google Play account, it will automatically enable their linked PayPal account and make it available as a payment option across Google services like Gmail, YouTube, Google Pay and Google Store, including where Google offers peer-to-peer payments, without the user needing to log in again.
By the way, last week, PayPal said it will acquire Stockholm-based small business e-commerce platform iZettle for $2.2 billion, giving it a payments boost in Europe and Latin America.