More than Two Million Donations Made on the PayPal Platform to Over 163,000 Nonprofits and Causes Around the Globe
SAN JOSE, Calif., Dec. 9, 2020 /3BL Media/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record-breaking $185 million globally this GivingTuesday, the largest amount raised on the platform for the global day of giving since its inception in 2012. With a 40 percent increase in donations processed over 2019, more than 1.75 million PayPal customers across 198 markets donated to causes they care about, amounting to over two million donations in total.
The COVID-19 pandemic changed everything for many small business owners almost overnight. In a new film, presented by Innovate Finance, hear how entrepreneurs from New York to the United Kingdom have pivoted their businesses, accelerated their digital payments offerings, and kept afloat in this challenging year with some help from PayPal.