PayPal claims it saw a 195% Y/Y increase in Cyber Monday mobile payment volumes taking place...
Monday, November 26, 2012, 4:50 PM ETPayPal claims it saw a 195% Y/Y increase in Cyber Monday mobile payment volumes taking place before 2PM ET; the company had already announced a 193% increase in Black Friday payment volumes. Parent eBay (EBAY +4.9%), meanwhile, saw a 153% increase in Black Friday mobile volumes for Marketplaces. eBay has predicted PayPal and Marketplaces will each deliver $10B in mobile transactions this year. (earlier)
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