PayPal has reported that they have seen a 21% increase in payment volume on Cyber Monday compared to the same day last year. This news follows PayPal's report that they saw a 27% increase on Black Friday payment volume compared to a year ago.
This shows that people are now more acceptable of online shopping and they have no problems doing so not only from the computer but also tablets and mobile phones. And shopping online is a great way to beat the traffic jams and queues. It definitely doesn't come with the risk of being crushed or killed in a stampede!
With the weakening of the US Dollar compared to other major currencies, more and more people are shopping at US online retail sites and most us these foreign shoppers pay by PayPal. It's the most convenient mode to pay, after all.
This shows that people are now more acceptable of online shopping and they have no problems doing so not only from the computer but also tablets and mobile phones. And shopping online is a great way to beat the traffic jams and queues. It definitely doesn't come with the risk of being crushed or killed in a stampede!
With the weakening of the US Dollar compared to other major currencies, more and more people are shopping at US online retail sites and most us these foreign shoppers pay by PayPal. It's the most convenient mode to pay, after all.
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