PayPal has announced new figures showing mobile payments increased by 300% during the 2010 holiday season.
The company has also announced that it has recorded a 67% increase in the amount of charitable donations being given through its payment platform.
Free shipping is being pinned as one of the main reasons for the increase, with PayPal recording a 27% increase on the American Black Friday shopping holiday alone.
The company also recorded a 310% increase in mobile shopping on Black Friday. The company also said the growth of coupons and overall eCommerce has meant more people are migrating to their mobiles.
ABOUT THE AUTHOR
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
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