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PayPal: One-third of Thanksgiving, Black Friday sales were mobile


Mobile commerce drove healthy bottom lines for retailers industry-wide during Cyber Week, and PayPal witnessed the experience first-hand.

The payment processor said one-third of all payment volume on its network during both Thanksgiving Day and on Black Friday occurred on mobile devices, according to Tech Crunch.

The total payment volume per second on Friday was $15,507.00, compared with $10,781.00 for Thanksgiving. Black Friday shoppers also spent more, $62.35 on average that day, compared with $58.51 on Thanksgiving Day.

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