The digital transaction giant has said that there are far more people purchasing gifts with their devices.

According to a recent PayPal mobile payments release, there are far more consumers using their devices for buying holiday gifts, this year than there have been in previous years, to the point that they have said that there has been a full doubling, or more.

This company’s data is significant as it handles one in five ecommerce transactions worldwide.

On Cyber Monday, alone, the data from PayPal mobile payments showed that there was an increase in global transaction volume from smartphones and tablets equaling 108.9 percent when compared to the same day in 2012. They compared the same first Monday after Thanksgiving as opposed to comparing the calendar dates, themselves, which would not have represented the same shopping experience.

This allowed the PayPal mobile payments data to provide an accurate representation of year over year growth.

The company, which is owned by eBay, currently boasts 137 active accounts around the world. It is currently present in 193 global markets that use 26 different currencies. Every day, the company processes an estimated 8 million payment transactions. Many consumers have already been using this digital wallet service for making their purchases online through the use of their laptops and desktop computers. The transfer to smartphones and tablets has been a natural one for quite a few of them, giving PayPal the opportunity to observe some considerable trends over the last few years.

According to a PayPal consumer experience advocate, Stacy General, in a statement that was recently released, “The technology consumers have in their hands can help retailers drive sales and engage consumers.”

At this time in which many of the large wallets such as Google Wallet and Isis are still struggling to get a foothold in the market, other options such as PayPal mobile payments are experiencing a much more promising rate of growth. Many in the industry are taking this as an indication that this transaction technology does still have hope, even if its adoption by consumers will be slightly slower than had initially been predicted.

The weekend following Black Friday may have seen a dip in sales, but the week started off strong.

Massive discounts from Black Friday and the Thanksgiving weekend throughout the U.S., on retail sales, took quite a toll, to the point that consumers spent nearly 3 percent less than they did last year, but Cyber Monday m-commerce data looks as though it may be turning that trend around.

The data was recently reported by an industry group and has revealed that online purchases were strong.

This may be an indication that while brick and mortar retailers could be facing a more difficult season, this year, Cyber Monday m-commerce and overall online shopping experienced soaring sales, which could help to make up for the lower figures from the days before. The National Retailer Federation had estimated that the weekend average spending per shopper would be about $407.02. When compared to last year at the same time, that would be 3.9 percent less due to the lower prices. The group suggested that if the prices stay down, the trend will last the rest of the way through the holiday season.

Cyber Monday m-commerce did prove to have powerful numbers, but it still represents only a fraction of overall spending.

According to the chief executive of the National Retail Federation, Matthew Shay, “Retailers will continue to aggressively promote their in-store and online offerings, looking to entice today’s very budget-conscious and value-focused shopper.” Data from Shay’s organization said that there were 141 million people in the United States who shopped at least one time over the weekend. This is an increase over the 139 million who did so last year. However, the total spending had been expected to hit $57.4 billion over the four days from Black Friday through Cyber Monday, which was a decrease of 2.8 percent when compared to the same four day period in 2012.

Analysts explained that the massive deals that drew large numbers of consumers shrank the sales and put a dent into the retail profit margins. Although the sales have been rising – particularly with the Cyber Monday m-commerce data being included into the mix, when all was said and done, the gross margins were headed downward.