Consumer Payment Card News

Paypal Holiday Shopping

Consumers really sunk their teeth in over the holiday shopping weekend! Offering a barometer on the sharp increase in retail purchases over the holiday weekend, Paypal posted a 511% rise in global mobile payment volume compared to Thanksgiving 2010. Moreover, the number of consumers around the world shopping via PayPal increased three-fold (350%) from last year. There was 6% growth over last year year shopping volume, letting the phrase “Black Friday” live up to its name for many retailers nationwide.

Leave A Reply