Sunday, November 27, 2011

Mobile Black Friday purchasing up 516%

Black Friday Mobile Payments Up 516%
New data from PayPal shows a 516% increase in mobile payments on Black Friday 2011. The busiest mobile payments shopping time was on Black Friday between 1pm and 2pm PT. Data shows that Black Friday mobile payment volume was up 148% as compared to an average Friday. This year there was a 371% increase in the number of customers shopping on their mobile devices. Mobile purchases occurred the most in New York, Houston, Miami, Los Angeles and Chicago, respectively.