People gave $8.5 billion to nonprofits through PayPal last year, a roughly 16 percent increase from 2016, the online-payment company announced Thursday.
Holiday giving grew more sharply than the annual total did. From November 27 through the end of 2017, donations made through PayPal increased 19 percent over the same period in 2016, to more than $1.1 billion.
On Giving Tuesday — held on November 28 last year — PayPal processed $64 million in gifts to nonprofits, 33 percent more than it did on the philanthropy day in 2016.
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