Make your money go further for just 25p per day


Christmas is a time for PayPal

11/12/2019 · PayPal (PYPL) 

Retail Technology US

Small Cyber Monday shopping trolley on a button

In 2019, more Christmas presents are being bought via smartphone apps than ever before. That is great news for the world’s biggest digital payments processor.

The four hours between 10pm and 2am (ET) on Monday 2 December have been 2019’s golden hours of retail. In that short window on Cyber Monday retailers collected an estimated $2.8bn of revenue. During the peak hour (11pm – 12am), consumers were spending an average of $11m every minute.

Buying Christmas presents in the main sales weekend at the end of November (encompassing Black Friday and Cyber Monday) is a burgeoning trend which started in the…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Fundamental Asset Management
Buy any of our portfolios with our associates.


More on PayPal

PayPoint’s high yield still looks safe to us

29/07/2020 · Portfolio

The days when corner shops could be run with manual tills, a pricing gun and a…

Ultimate Stocks: counting the cost of isolation

14/04/2020 · Portfolio

When officials in China put the city of Wuhan into lockdown in an attempt to curb…

More Portfolio

Income Boosters: Moneysupermarket stays calm in tough market

03/08/2020 · · Vodafone

Big Tech: UK investors ignore it at your peril

01/08/2020 · Alphabet · Amazon · Apple · Facebook · Microsoft

PayPoint’s high yield still looks safe to us

29/07/2020 · PayPal