Thursday, 17 January 2013

Paypal handled nearly $14 billion in mobile payments in 2012, more than triple 2011's level

""We had a great finish to an excellent year, with fourth quarter results exceeding our expectations," said John Donahoe, eBay Inc.
President and CEO. "eBay Marketplaces in particular had a terrific fourth quarter, with growth in the U.S. accelerating three points, outpacing ecommerce."
"Mobile continues to rewrite the commerce playbook, and we continue to be a mobile commerce and payments leader," Donahoe said.
"eBay mobile finished the year with $13 billion in volume - more than double the prior year - and PayPal mobile handled almost $14 billion in payment volume, more than triple the prior year. In 2013, we expect each to exceed $20 billion.""
Source:  Ebay earnings statement, 16th January 2013

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