PayPal offers its first UK site to incorporate TheFind.com’s patented product search technology

For shoppers frustrated with searching online and being faced with pages of irrelevant product results and hundreds of links to sift through before finding the right items, help is now at hand from leading online payment provider PayPal. PayPal has teamed up with TheFind Inc. (www.TheFind.com), the innovative US-based shopping search engine, which will now enable UK shoppers to search for exclusive special offers and discounts on products from over a hundred selected retailers who accept payments via PayPal. PayPal Offers* is the first UK website to incorporate TheFind.com’s powerful search technology, allowing consumers to search for products quickly and easily, without ever having to leave the secure PayPal Offers website.

TheFind.com is a comprehensive shopping search engine that is already popular with millions of Americans because it allows shoppers to search multiple retailers at once, while also ranking products from the most popular stores. The website delivers search results in a visually compelling and easy-to-use format, enabling users to swiftly compare products and determine the best option for them. Shoppers of PayPal Offers will specifically be shown search results from online retailers that take PayPal Express Checkout.

Mark Hodson, PayPal Marketing Director comments, “We are delighted to announce this partnership with TheFind.com. The combination of PayPal Offers and TheFind.com provides a powerful online shopping experience, from product search and offer comparison to a quick and secure online checkout. According to independent research**, one in three UK online shoppers prefer paying with PayPal, and teaming up with TheFind.com is a further way for us to offer our online customers more convenience, with the added option of comparing and contrasting purchases.”

PayPal Offers includes hundreds of great deals from leading retail sites such as TopMan, BHS and JD Sports, giving consumers a wide variety of choices as well as the opportunity to shop safely online while keeping their financial details hidden. The deals offered include some of the best cashback offers currently available, which are paid directly into a PayPal account following a purchase being made on featured websites. PayPal Offers is one of the largest and the fastest growing reward sites in 2008***.

Hodson continues: “PayPal Offers has proven to be a great success over the years, attracting approximately 50,000 impressions per day and 30,000 sign-ups per week. The cashback deals are particularly popular, as they offer some of the most competitive rates on the market.”

“This is an exciting announcement. People have grown accustomed to using search engines to find whatever they need, but it can be a long and tedious experience if you need to sift through a number of websites and links,” said Siva Kumar, chief executive officer of TheFind Inc. “By enabling people to specifically search amongst merchants who offer PayPal as a payment option, they can easily and quickly harness the power of the entire web while simultaneously honing in on the right products in a user friendly fashion.”
- ENDS –

Notes to Editors

*About PayPal offers
PayPal Offers’ site (www.paypal.co.uk/offers) currently provides customers with cash back deals paid into your PayPal account and exclusive discounts and special offers from over a hundred hand picked retailers.

**According to independent Forrester research, 35% of UK online shoppers prefer paying with PayPal

*** According to Nielsen Online July 2008 data, PayPal Offers had a unique audience of over 800,000 users, which represents growth of 1360% from Jan 2008.

For further information please contact:
paypal@lansons.com
020 7566 9777
Helen Thomson/Laura Moss/Neil Gregory/Louise Bromley - Lansons Communications

Shaila Arora
Arora PR for TheFind Inc.
310.749.5006 (USA)
Shaila@arorapr.com

About PayPal
PayPal is a safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts or account balances, without sharing financial information. With more than 63 million active accounts (157 million total accounts) in 190 markets and 19 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company. More information about the company can be found at https://www.paypal.co.uk or https://www.paypal.co.uk/press.

About TheFind.com
TheFind.com offers the leading shopping search engine that delivers comprehensive, authentic and visually compelling results for products, specializing in the lifestyle goods category. From the most popular e-commerce sites to the most unique, hard-to-find brands, TheFind uniquely crawls the entire Web to find more than 200 million products from over 500,000 stores. By using its patented “product ranking” technology, TheFind displays the best-selling products, styles, brands and stores for any shopping search right on the first page of results – saving consumers time and money. TheFind Inc. family includes leading fashion shopping website Glimpse (www.Glimpse.com), which specifically caters to fashion-savvy shoppers searching for the latest trends and hottest apparel products, and TheFindGreen (www.TheFindGreen.com) which finds organic brands, green stores and environmentally-friendly products all in one place. TheFind Inc. promotes shopping that gives back to the community through its Color For A Cause campaigns, which have included charitable beneficiaries such as The Susan G. Komen Foundation, Doctors Without Borders and Global Green USA.

TheFind Inc., headquartered in Mountain View, Calif., is backed by leading investors Bain Capital Ventures, Redpoint Ventures and Lightspeed Venture Partners.

Published on: 12:00AM on 8th September 2008