PayPal mobile payments break records over Thanksgiving shopping weekend

PayPal mobile payments - PayPal Logo

Over $1 Billion mobile payments were made via PayPal on both Black Friday and Cyber Monday. PayPal mobile payments was the preferred payment method for many mobile users during America’s biggest shopping weekend of the year. The American-based worldwide online payment system has revealed that, for the first time ever, it saw over $1 billion in mobile payment volume on Black Friday and hit this record-breaking volume again on Cyber Monday. There were higher mobile payment volumes on Black Friday than Cyber Monday. What is particularly surprising about the data…

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Black Friday mobile payments could be the start of something big

black friday Mobile payments and Shopping Trends

Today’s official start to the holiday shopping season could be defining for digital wallets. The holiday shopping season is now underway and services such as Google Wallet and Isis are hoping that Black Friday mobile payments will be the start of the explosion of use of these services by consumers. Until now, smartphone based transactions at points of sale have experienced little more than struggle. However, these mobile wallets have now gone national, and this is the first holiday shopping season in which this was the case. Moreover, there are…

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