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eBay<%2Fa>,%20the%20world’s%20largest%20online%20marketplace%20and%20leader%20in%20cause-related%20commerce,%20said%20that%20the%20company’s%20users%20generated%20a%20record%20$63%20million,%20or%20$120%20a%20minute,%20for%20charitable%20causes%20—%20a%2015%20percent%20increase%20over%20the%20prior%20year.%20In%20addition,%20the%20company’s%20PayPal<%2Fa>%20division%20processed%20$3%20billion%20in%20transactions%20for%20more%20than%20200,000%20nonprofit%20organizations%20—%20a%2031%20percent%20year-over-year%20increase.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Febay-enables-record-amount-socially-conscious-commerce-2011%2F" target="_blank" class="email" data-post-id="15631" type="icon_link">
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eBay, the world’s largest online marketplace and leader in cause-related commerce, said that the company’s users generated a record $63 million, or $120 a minute, for charitable causes — a 15 percent increase over the prior year. In addition, the company’s PayPal division processed $3 billion in transactions for more than 200,000 nonprofit organizations — a 31 percent year-over-year increase.
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