Steps to Simplifying Checkout, November Retail Sales Slump

By  |  December 16, 2021
 | 
PayPal

PayPal is relying on trust, choice, ease and fast approvals to streamline the online checkout process. Plus, a dip in department store and electronics purchases in November led to a surprisingly low increase in overall retail sales.

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    Data:

    0.3%: Increase in overall retail sales from October 2021 to November 2021.

    18%; 4%: Share of shoppers who make at least one online purchase weekly and daily, respectively.

    40%: Share of businesses that are making digital authentication a priority.

    $1.2T: PayPal’s payment volume in the past year.

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    750K: Number of buy now, pay later transactions on PayPal on Black Friday 2021


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