PayPal Community Donates $64 Million on #GivingTuesday
At PayPal, we are motivated and united by a central mission: to democratize financial services so that as many people and businesses as possible can join and thrive in the digital economy. That’s a big mission. It’s challenging to achieve, and progress can sometimes be difficult to measure. Yet one of the more demonstrable areas is the impact that PayPal has on charitable giving. I am thrilled to share that $64 million was donated to charities and non-profits via the PayPal platform on #GivingTuesday. This is a 33% increase over donations in 2016, and includes donations originating from 175 different countries.
Those numbers are inspiring and speak to the collective generosity of the PayPal community. PayPal is committed to offering the best possible financial tools and services to our consumer, merchant and non-profit customers. But it’s our community that takes those tools and makes magic. Nearly $64 million in charitable giving on one day is a wonderful example of that magic.
#GivingTuesday is truly a great event, but it is just the starting point in holiday giving. PayPal has a number of key initiatives over the next few weeks which will hopefully empower and inspire our communities to reach even higher than they did in 2016 when more than $7 billion was given to charity throughout the calendar year. During the holiday season, you can learn more about our annual charitable giving program at paypal.com/giveback
At PayPal, we firmly believe that doing good is not only our greatest opportunity, it is our greatest responsibility. My thanks to every member of the PayPal community who donated on #GivingTuesday and to everyone else who plans on giving at some point during the holiday season. Let’s keep going.
Dan Schulman, President and CEO