Cyber Monday Deals Lure More Shoppers on Mobile Devices

Early estimates of Cyber Monday, the biggest online shopping day of the year, showed sales may reach $2 billion and a growing portion of that may come from the pockets of a record number of mobile shoppers. As of 2 p.m. EST, payment system PayPal had a 196 percent increase in mobile payment volume on Cyber Monday 2012 than Cyber Monday 2011. On Black Friday, the increase in the number of people shopping on their mobile devices was stark for PayPal as well as auction site eBay, which owns...Full Story