SAN JOSE, Calif., Dec. 3, 2021 /PRNewswire/ -- PayPal today
announced that it processed a record-breaking $188 million globally this Giving Tuesday, the
largest amount raised on the platform for the global day of giving
since Giving Tuesday's inception in 2012. More than 1.6 million
PayPal customers across 193 markets donated to causes they care
about, amounting to over 2.1 million donations in
total.
"We are inspired by the generosity of our global community of
employees and customers, who came together again on Giving Tuesday
this year in record numbers to use the PayPal platform to support
causes close to their hearts," said Franz
Paasche, Chief Corporate Affairs Officer, PayPal. "We're
grateful to the members of our PayPal community for all they do to
support those in need around the world."
PayPal is one of the largest digital donation platforms in the
world, supporting more than 600,000 nonprofits with fundraising.
Every year, PayPal joins with its community of more than 415
million consumers and merchants to contribute to charitable efforts
across the globe, and participate in campaigns with partners like
Giving Tuesday, which PayPal has supported since the movement began
in 2012.
Giving back on Giving Tuesday and throughout the year with
PayPal is easy and safe – and there are many ways to do it.
Customers can search and support non-profits online or in the
PayPal app, discover fundraisers with the Generosity Network, add a
$1 donation to their favorite charity
with Give at Checkout, and put credit card rewards toward a
donation.
About PayPal
PayPal has remained at the forefront of
the digital payment revolution for more than 20 years. By
leveraging technology to make financial services and commerce more
convenient, affordable, and secure, the PayPal platform is
empowering more than 400 million consumers and merchants in more
than 200 markets to join and thrive in the global economy. For more
information, visit paypal.com.
CONTACT: Emily Horneman,
ehorneman@paypal.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/paypal-processed-more-than-188-million-in-donations-this-giving-tuesday-setting-new-record-for-global-day-of-giving-301437263.html
SOURCE PayPal Holdings, Inc.