PayPal 20% More Productive This Black Friday vs. Last

SAN JOSE -- Black Friday was a big day for San Jose-based eBay's PayPal division. The payment processing company announced that it 20% more productive this year than it was for Black Friday 2008.



While the company did not release its total payment volume, it claimed that its Payflow Gateway system handles about 25% of e-commerce and its direct sales account for 12% of all e-commerce.



In addition, PayPal noted that one of the main differences from last year was that there was about 140% more transactions made on mobile devices this year.

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