Google Pay Integration with PayPal Continues
Daniel Johnson — June 30, 2019 — Business
References: finance.yahoo & techcrunch
Google Pay integration with PayPal has continued, where online merchants can enable PayPal for payment when using Google Pay. The two companies have been partners since 2017, where Google announced that PayPal would be accepted in Android Pay. The two organizations also saw cooperation when PayPal was added to Google services like Gmail, YouTube Google Play and Google Store. With the latest Google Pay integration, anyone who makes an online purchase and uses Google Pay will have the ability to use PayPal also. This new function is live across 24 countries.
PayPal has a history of embracing companies in similar industries like Apple and Google. This began with PayPal's integration with Visa, Mastercard Samsung, and Walmart. This allowed PayPal to be used as an option besides conventional credit and debit methods.
Image Credit: Google/ PayPal/ TechCrunch
PayPal has a history of embracing companies in similar industries like Apple and Google. This began with PayPal's integration with Visa, Mastercard Samsung, and Walmart. This allowed PayPal to be used as an option besides conventional credit and debit methods.
Image Credit: Google/ PayPal/ TechCrunch
Trend Themes
1. Online Payment Integration - The integration of PayPal with Google Pay presents an opportunity for online merchants to streamline their payment processes.
2. Cross-platform Payment Solutions - The partnerships between PayPal and companies like Apple and Google highlight the trend towards seamless payment options across multiple platforms.
3. Expanding Payment Functionality - The addition of PayPal as a payment option on Google services like Gmail and YouTube demonstrates the trend of expanding payment functionality across various digital platforms.
Industry Implications
1. E-commerce - The integration of PayPal and Google Pay provides e-commerce businesses with a convenient and widely accepted payment solution for their customers.
2. Fintech - The collaborations between PayPal and companies like Apple, Google, and Visa showcase the disruptive innovation opportunities in the FinTech industry through seamless payment integration.
3. Digital Services - The expansion of payment functionality on Google services indicates the potential for disruption in the digital services industry as more platforms incorporate integrated payment options.
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