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.

0 0

1 1 2 2 3 3 4 4 5 5 6 6

Authors: Leena Rao

to know more click here