PSG looked to be cruising to victory after an early goal from Ousmane Dembele, who had also scored the late winner in last season's 1-0 final victory over AS Monaco in Doha.
However, Marseille stunned the French champions with two late goals to turn the game on its head. Mason Greenwood converted a penalty and a Willian Pacho own goal gave Marseille a shock lead.
But PSG refused to be beaten, launching a wave of attacks that culminated in Goncalo Ramos snatching an equalizer in the final seconds to send the contest to penalties.
Chevalier proved the decisive figure in the shootout, saving spot-kicks from Matt O'Riley and Hamed Traore.
Ramos, Vitinha, Nuno Mendes, and Desire Doue all converted for PSG to seal the win.
Record 14-time winners PSG, who faced last season's Ligue 1 runners-up Marseille after the Parisians had won both the league and the French Cup, won the competition for the 12th time in the last 13 years.
AzVision.az
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