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Revenue at PayPal rose 11percentt as total payments volume increased 14percentt, while Skype revenue increased 26percentt.
– Mobile is driving significant e-commerce and payments volume.
Additionally, Square says it is now processing $4 billion in payments volume per year, which is up from $2 billion in mobile payments volume expected in October 2011.
Total payments volume for the company was $99 billion, in line with analyst expectations.
eBay expects PayPal to do $20 billion of mobile commerce and payments volume in 2013.
John Donahoe said on eBay's earnings call that PayPal's mobile payments volume accounted for 10percentt of total payments volume in 2012.
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PayPal is forecasting mobile payments volumes on its platform of over $20 billion this year.
Visa, based in San Francisco, said payment volume slipped 2percentto to $687 million.
Banks that issue Visa cards also pay a separate licensing fee, based on payment volume.
Last year, the company projected that its mobile payment volume would hit $1.5 billion in 2011.
The company now projects that mobile payment volume will reach $7 billion in 2012.
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