Holiday shopping season already 500 percent better than last year for mobile payments

mobile technology wallet Holiday Shopping

As had been predicted, Thanksgiving was an extremely profitable day for retailers online, with reports from IBM showing that sales this year were 39 percent higher than they were on the same holiday in 2010, with a sharp increase in shopping using a mobile device. IBM wasn’t alone in these reports. PayPal and eBay have also reported comparable trends. For example, PayPal Mobile has reported that Thanksgiving 2011 saw an increase of 511 percent worldwide in mobile payments over last year on Thanksgiving. The most common time for American consumers…

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Mobile shoppers won’t wait for Black Friday to start holiday shopping

Holiday Mobile Shopping Trends

PayPal has stated that they don’t believe mobile shoppers have any intention of waiting for Black Friday before they begin their holiday shopping this year. Instead, PayPal believes that the day before Thanksgiving will announce the start of the mobile shopping season. This will bring about the first wave of hunters who will be out looking for great products at the right price. Experienced shoppers won’t wait for shopping days like Cyber Monday, as previous years have shown those manufactured days to be more hype than anything else. The online…

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