“Our multiyear journey with PayPal and Google Cloud originated from a shared interest in democratizing the future of financial services through the use of cloud technologies.Ever since it first came out, PayPal has become one of the most popular payment options.
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Manual effort was minimized through the design, development, and implementation of automation scripts, reducing PayPal’s migration timeline.
“But once they saw how easy it was to add capacity through the highest peak holiday season we have ever had and reduce capacity when it was no longer needed, they were excited about the value of moving to the cloud.”ĭeloitte provided assistance in migrating PayPal's workloads onto Google Cloud by helping to define PayPal’s overall migration strategy and providing additional engineering support. “With this shift, there was initially some concern among the PayPal team of engineers managing the workloads,” says Wes Hummel, Vice President, Site Reliability and Cloud Engineering at PayPal. While the process of adding capacity to an on-premises infrastructure typically takes months, with Google Cloud, PayPal was able to do three month’s worth of work in just hours. This means by the end of 2021, PayPal expects to completely shut down one of its Salt Lake City data centers. Moving its mission-critical workloads from primarily on-premises infrastructure to the cloud is a key enabler of this mission. As part of its mission to move to zero data center ownership, PayPal collaborated with Deloitte to drive the exit of its non-strategic data centers. PayPal worked with Deloitte to define and execute a multiyear change in its infrastructure strategy, a bold move for a large-scale company intending to grow its global footprint in the middle of a pandemic. However, due to a significant uptick in digital commerce and user traffic triggered by the 2020 pandemic, PayPal accelerated its infrastructure strategy to support their customers’ evolving needs. In previous years, total payment volume (TPV) was growing at 25% annually. The company has accomplished this through a strong technology-driven culture, running largely on its own infrastructure and third-party networks. Its customers transacted more than $936 billion in total payment volume (TPV) in 2020. Today, PayPal has over 377 million active accounts in 200 global markets. PayPal keeps its edge through an unwavering focus on agility and innovation. Competing in this fast-changing landscape requires a global reach and high degree of efficiency. With revenues reaching $2 trillion in 2020, the global payments industry is attracting a wide range of companies looking to win customers and expand markets by providing simpler and safer ways to make online transactions. Assisted by cloud computing, it wants to bring a better financial life to every possible point-and person-on the planet. PayPal was one of the first businesses to move money over the internet, securely and swiftly. Save money with our transparent approach to pricing Rapid Assessment & Migration Program (RAMP) Migrate from PaaS: Cloud Foundry, OpenshiftĬOVID-19 Solutions for the Healthcare Industry
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