Donors push PayPal giving over $1 billion

Written on Jan 17, 2018

Giving via PayPal during this past holiday season was up 19.4% over 2016, with users contributing more than $1.1 billion. More than one in five donations were made via a mobile device.

PayPal reported contributions of $1,160,093,468 to charities between Nov. 27 and Dec. 31. Some 333,669 charities received donations via the platform during the 2017 holiday season, an increase of 18% compared to last year. Last year, PayPal users made $971,213,603 in donations.

The number of PayPal contributions made via a mobile device accounted for 21% of gifts, an increase of 14% over the previous year. In the United Kingdom (U.K.), 43% of donations processed were from a mobile device.

The only day in the final week of last year that did not match or exceed the 2016 total was Dec. 30. Some $50,864,299 was processed during 2017 compared with $59,625,454 for 2016. The only days that did not exceed the previous year’s totals were all Saturdays, coincidentally: Dec. 30, Dec. 23, Dec. 16, Dec. 9 and Dec. 2.

Donors in the U.S. accounted for $934 million, followed by $59 million in the U.K. and $55 million in Canada. The largest single gift was $556,353 – almost $300,000 more than last year.

For #GivingTuesday 2017, PayPal users from 175 countries donated almost $64 million, an increase of 33% compared to the $48 million processed in 2016. Some 715,000 PayPal users donated, up from 550,000 in 2016. #GivingTuesday was the second highest day for donations during the giving season, only trailing Dec. 31, but Dec. 29 was not far behind, with $61.5 million processed. PayPal users contributed more than $91 million on the final day of the year, which was up about 15% from the nearly $78 million in 2016.

The lowest amount processed during the holiday season was Dec. 25, at $13.6 million, which also was the lowest amount in 2016, at $10.8 million, but still an increase of almost 26%.

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