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PayPal deepens Google Cloud relationship with new infrastructure deal

May 14, 2021

The two firms are deepening a relationship underlined in a multi-year deal involving the Google Cloud Platform.

It revolves around the movement of PayPal’s data hosting needs to Google, since its split from parent company eBay in 2015.

Google Cloud will provide both infrastructure and analytics capabilities for PayPal, helping the company process transactional data.

PayPal says its total active customer accounts saw a traffic spike of 24% during the peak of the coronavirus pandemic. The firm adds it now has more than 392 million active users.

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