PayPal Offers Big Savings with 2009 Holiday Promotions

PayPal Invites Holiday Shoppers to Kick Off the Season with Cash-Back, Free
Shipping and a Small Gift that Makes a Big Impact
SAN JOSE, Calif.--(Business Wire)--
PayPal today announced its 2009 holiday promotions including cash-back, free
shipping and huge savings from major retailers. Starting November 3rd and
available through January 12th, online shoppers can visit www.PayPal.com/holiday
toreceive up to 20 percent off, cash-back or free shipping from online retailers
such as Zappos.com, Best Buy, Southwest Airlines and Walmart.com.

"The consumer is in the driver`s seat this holiday season, with retailers
offering great deals on gifts ranging from the practical to the fun and
frivolous," said Amanda Pires, senior director at PayPal. "By using PayPal,
shoppers can find gifts for everyone on their list and still save time and money
with free shipping and cash-back throughout the holiday season and into the New
Year."

PayPal is also working with MicroPlace to provide holiday shoppers with a unique
gift that helps the world`s working poor. Shoppers who purchase a gift
certificate on MicroPlace.com will get a free $20 gift certificate to give to
someone else on their list. These gift certificates will provide much needed
capital to organizations that provide financial services to poor people around
the world. This gift could help someone get access to a loan to start a
business, generate income and work their way out of poverty.

PayPal`s 2009 Holiday Promotions

According to this year`s National Retail Federation prediction, nearly half of
all holiday shoppers will be shopping online. PayPal is working with several
retailers to offer holiday promotions to help online shoppers find great gifts
that won`t break the bank. These include, but are not limited to:

Savings and Cash-Back:

* Best Buy will offer $20 cash-back on purchases of 100 dollars or more when you
pay with PayPal between November 10th and November 16th.
* Southwest Airlines, Omaha Steaks and Smart Bargains will offer up to 20
percent savings on all PayPal purchases.

Free Shipping:

* Walmart.com will offer free Site to Store shipping.

* Beauty.com will offer PayPal customers free shipping from November 3rd through
9th.

* Zappos.com will offer free shipping both ways on shoes and free overnight
shipping on clothing from November 10th through 16th.

For more information about the 2009 PayPal holiday promotions, and to see a full
list of participating retailers, visit www.paypal.com/holiday beginning November
3rd.

About PayPal

PayPal is the faster, safer way to pay and get paid online. The service allows
members to send money without sharing financial information, with the
flexibility to pay using their account balances, bank accounts, credit cards or
promotional financing. With more than 78 million active accounts in 190 markets
and 19 currencies around the world, PayPal enables global ecommerce. PayPal is
an eBay company and is made up of three leading online payment services: the
PayPal global payments platform, the Payflow Gateway and Bill Me Later. More
information about the company can be found at https://www.paypal.com.

PayPal
Charlotte Hill, 408-967-5754
Manager, Corp. Communications
chhill@paypal.com
or
Access Communications for PayPal
Keely Fox, 415-844-6284
kfox@accesspr.com

Copyright Business Wire 2009