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PayPal users donate $1 billion over the holiday season

PayPal users donate $1 billion over the holiday season

users from 181 countries contributed more than $1.1 billion to charitable organisations over the holiday season (27 November to 31 December): a 19% increase over 2016’s $917 million.

PayPal users in the US gave the most, contributing $934,442,554, followed by the UK at $59,484,605, and then Canada at $55,379,818. The smallest gift was $0.01, with the largest reaching $557,353: almost $300,000 more than the previous year.

During the holiday season, 21% of donations processed by PayPal were from mobile devices – a 14% increase over 2016. PayPal reports strong adoption of mobile donations around the world, with 43% of donations given in the UK processed through a mobile device.

The biggest days for donations were 31 December and . More donations were processed on 31 December than any other day of the year, with PayPal users contributing over $91 million to thousands of charities.

Donations also spiked during Giving Tuesday, making it the second highest day for donations during the giving season. PayPal users from 175 countries donated nearly $64 million on last year’s #GivingTuesday alone: a 33% increase over 2016. 715,000 PayPal users donated on the day, up from 550,000 in 2016.

Announcing the news in an article on LinkedIn, PayPal CEO Dan Schulman said:

“This is the first time that we’ve ever crossed the $1 billion threshold for holiday giving, and building on our record-breaking #GivingTuesday results, truly shows the giving power, compassion, and global reach of the PayPal community.”

 

 

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Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.

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