The online transaction company was able to experience a massive spike in revenue in the last quarter of 2015. During the last quarter of last year, PayPal was able to create an increase in its revenues by 21 percent, bringing them to $2.6 billion, much of which was generated by the adoption of mobile payments in a number of different forms. Revenues are also believed to have been boosted at PayPal through its acquisition of Xoom, the remittance firm. The acquisition closed during the fourth quarter and PayPal has said…
Read MorePayPal is looking to mobile payments to continue its revenue growth
