Friday 2 December 2011

Paypal's global mobile payments were 516% higher Y-o-Y on Black Friday 2011

"By using their mobile devices, shoppers have access to a “mall” in the palm of their hand, complete with millions of products and simple, secure payments, to find and buy the hottest holiday deals. An increasing number of shoppers turned to their mobile devices on Black Friday to shop wherever, whenever.
- eBay Mobile announced that shoppers in the U.S. purchased nearly two and a half times as many items via eBay Mobile this Black Friday when compared to 2010
- PayPal Mobile announced a six-fold (516%) increase in global mobile payment volume compared to 2010
- GSI Commerce announced a three-fold (254%) increase in U.S. mobile sales this Black Friday compared to 2010.
“Shoppers are increasingly choosing the convenience of mobile to find the best deals from wherever they are while avoiding big crowds and long lines,” said Steve Yankovich, vice president, Mobile, for eBay Inc. “The ability to simply pick up your phone or tablet and purchase what you want, when you want it, has become an attractive alternative to shoppers in record numbers this holiday season.”"
Source:  Press release from eBay, 26th November 2011

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