Home > techcrunch > PayPal: Holiday Mobile Payments Up 300 Percent

PayPal: Holiday Mobile Payments Up 300 Percent

December 17th, 2010 12:11 admin Leave a comment Go to comments

We know that mobile sales have been performing well for PayPal’s parent company eBay, with the marketplace hitting record numbers for the shopping season. PayPal is announcing today that its payments business is also flourishing throughout the holiday shopping season, with a 300 percent increase in mobile payments from the official start of the shopping season (November 15) until now (December 15) compared to the same period last year.

PayPal previously reported a 27 percent increase in total payment volume on Black Friday 2010, compared to the previous year. Generally, PayPal saw an approximately 310 percent increase in mobile shopping on Black Friday.

Additionally, PayPal recently updated its iPhone app with the ability to make donations on the fly to a number of charities. The company is announcing today that it has seen a 67 percentage increase in mobile donations from the official start of the shopping season compared to last year.

The fact that overall mobile payments for PayPal, which is a popular mobile payments vendor, are up by 300 percent this year is just another sign that e-commerce is going to perform well this holiday season.

Source: PayPal: Holiday Mobile Payments Up 300 Percent

Related Articles:

  1. eBay And PayPal Black Friday Mobile Stats: Sales Doubled; Payment Volume Up 27 Percent
  2. Black Friday Mobile Payments Up 516%
  3. Mobile Payments Are Going to Explode This Holiday Season, PayPal Says [Infographic]
  4. Mobile Payments Are Going to Explode This Holiday Season, PayPal Says [Infographic]
  5. PayPal Kicks Off Holiday Shopping Season With Exclusive Deals And Free Shipping Offers
blog comments powered by Disqus
YOYOYOOYOYOYO