PayPal claims it saw a 195% Y/Y increase in Cyber Monday mobile payment volumes taking place...

|By:, SA News Editor

PayPal 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)