PayPal (PYPL) and Google (GOOGL) team up to enhance online shopping

Google (GOOGL) and PayPal (PYPL) have formed a strategic partnership to enhance online shopping experiences, focusing on AI-powered tools and “agentic commerce.” Google’s advanced AI technology will be combined with PayPal’s global payment systems and personalized services. The collaboration also includes support for Google’s Agent Payments Protocol, creating a secure system for AI-driven shopping.

PayPal’s services, such as checkout options and payment processing, will be integrated into various Google products. PayPal Enterprise Payments will handle card transactions for Google Cloud, Google Ads, and Google Play. The partnership also involves upgrading PayPal’s technology with the help of Google Cloud to enhance commerce and payment systems for the future.