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PayPal@SEB

SEB Uses Venmo for Online Checkout

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

Value results

CategoryValue result
CapabilityEcommerce and payments teams work from the same Venmo record for online checkout
CapabilityOnline checkout can be reviewed without waiting on a personal export
CapabilityNamed workflow replaces ad hoc routing for online checkout

Story

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

SEB 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 SEB 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

SEB uses PayPal, GitLab, Grafana Labs, MongoDB, Fiserv, PagerDuty, Guidewire, Adobe, Microsoft, Stripe, HubSpot, Temenos, Wiz. Shared with Albertsons, Alteryx, AMD, American International Group, Applied Materials. Industry: Financials. Value: Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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