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Home Thanksgiving Day, Black Friday Mobile Payments Up 538%

Thanksgiving Day, Black Friday Mobile Payments Up 538%

Online retailers were expecting hoards of shoppers on Black Friday, the biggest shopping holiday of the year. Earlier today PayPal released data that proves the “couch commerce” predictions right. More people were shopping from their smartphones and tablets than ever before. As of 11am PT, PayPal found that mobile payment volume was up 538% from Black Friday 2010.

This data lines right up with the majority of ReadWriteWeb readers’ responses to the big question “Will you be leaving your home to shop on Black Friday?”

Back in September, PayPal predicted that mobile payments would explode this holiday season. That seems to be true, at least thus far.

Did you shop from your couch today and last night? Tell us about your experience in the comments below.

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The ReadWrite Editorial policy involves closely monitoring the tech, gambling and blockchain industries for major developments, new product and brand launches, AI breakthroughs, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

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