Mobile payments via PayPal surge to $4 billion in 2011

01/11/2012 | VentureBeat

Mobile payments via PayPal totaled $4 billion last year, up sharply from $750 million in 2010 and $141 million in 2009. Several factors contributed to the jump in growth, said PayPal Mobile Vice President David Marcus, including apps that combine online and offline capabilities, plus a general boost from wider acceptance of m-commerce and a surge in activity on iPads.

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