PayPal And eBay See EPIC Rise In Use Of Their Mobile Apps On Thanksgiving Weekend

ebay ink screenshot

PayPal and eBay have already started scoring BIG with their mobile payment and shopping apps over the Thanksgiving weekend.

PayPay announced a five-fold increase in the use of their mobile payment services compared to the same time last year, and a three-fold rise in the number of customers shopping through its phone program.

Shoppers in New York City, Houston, Los Angeles, Miami and Chicago used PayPal’s mobile payment services the most, in that order.

eBay also had record success with its eBay Mobile service and reported that the number of people using its shopping services more than doubled.

Tell us: How are you shopping this Thanksgiving weekend?

Speaking of mobile apps, check out the 10 best free ones to use this Thanksgiving weekend >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.