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storySwitzerlandFinancialsProductivityRisk and complianceCapability

Story

PayPal@Pictet

Pictet Brings Online Checkout onto PayPal

Pictet, a financials organization in Switzerland, uses Venmo from PayPal to support digital commerce for ecommerce and payments teams.

Value results

CategoryValue result
ProductivityFewer stalled items because online checkout has a clear owner
Risk and complianceVenmo is the governed place ecommerce and payments teams use for digital commerce
CapabilityNew joiners can see how digital commerce actually runs

Story

Inside Pictet, digital commerce used to depend on whoever still had the latest file. That pattern is common in financials groups working out of Switzerland. Ecommerce and payments teams needed a system that would still make sense after the original project team moved on.

Pictet uses Venmo from PayPal as the working layer for online checkout. PayPal offers digital payments, checkout, and merchant services used by consumers and businesses to send and receive money online. The practical change is simple: digital commerce has a home, and reviews happen there instead of in a forwarded thread.

Nothing in this writeup invents a savings number. What Pictet gets from PayPal is a durable place to run digital commerce and a way for ecommerce and payments teams to see the same online checkout at the same time.

Relationship map

Pictet uses PayPal, Red Hat, Genesys, Guidewire, Temenos, Fiserv. Shared with Albertsons, Alteryx, AMD, American International Group, Applied Materials. Industry: Financials. Value: Productivity, Risk and compliance, Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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