Giving on PayPal Has Bucked the Recent Downward Trends for Philanthropy

What can we learn from a platform where giving is up this year, while overall giving is trending downward?

SOURCE: PayPal

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By Ben Paynter

In 2018, Americans gave away a total of $428 billion. That may sound like a lot, but it decreased about 2% compared to 2017 levels when adjusted for inflation, driven in large part by a reduction of individual giving. But recent data from PayPal shows the online payment platform has bucked that trend.

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Tweet me: While overall charitable giving is down, data from @PayPal finds that online giving is trending up http://bit.ly/2PeTIPN @FastCompany

KEYWORDS: fastcompany, PayPal, Donations, charitable giving, online giving, online payments, mobile finance

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