PSG has now secured the prestigious trophy on fourteen separate times.
The Parisian giants needed a dramatic leveler followed by a perfect spot-kick decider to get past Marseille in Kuwait and capture a fourth straight Trophee des Champions title.
The European champions seemed to be sailing towards a comfortable win in the match featuring the Ligue 1 winners and the French Cup holders after the French winger found the scoring in the opening stages.
Yet, Marseille struck twice in the closing moments to seize a shock lead. Initially, the English forward converted from the penalty spot, before the defender inadvertently turned the ball into his own net for an own-goal.
In a breathtaking twist of events, the Portuguese striker grabbed a crucial equaliser in the dying seconds to force the contest into a penalty shootout. PSG goalkeeper Chevalier then stood as the key figure, stopping decisive kicks from Matt O'Riley and Traore.
In the shootout, Goncalo Ramos, the midfielder, the full-back, and Desire Doue all converted with composure for PSG to seal a convincing shootout victory.
Now 14-time winners Paris Saint-Germain, who faced last season's Ligue 1 second-placed team Olympique de Marseille after completing a domestic double, have now lifted this competition for the 12th time in the last 13 years.