PayPal is giving away £10,000 a week for 10 weeks running up to Christmas to celebrate its 10th anniversary.

Anyone who buys from a retailer on PayPal's shopping website, www.paypal.co.uk/offers, and pays with PayPal, will be entered automatically in the weekly draw. (Terms apply*.)

Mark Hodson, Marketing Director at PayPal UK commented: “Ten lucky people will be celebrating this Christmas with our £10,000 birthday promotion. Apart from giving shoppers something to smile about this Christmas, we’re aiming to increase awareness and understanding about PayPal. Millions of UK consumers know they can use PayPal as the safer, easier way to pay for things on eBay. We want to show them that they can also use PayPal at a huge number of online retailers including the BBC Shop, Boots, BHS, CD Wow!, Dorothy Perkins and Ted Baker.

“PayPal is the safer way to pay online, as your sensitive financial details are never shared with the online store you are shopping on. It’s also much easier shopping online with PayPal, as we remember your card or bank details, so that you don’t need to keep typing in your address and payment information at checkout.”

PayPal Offers includes hundreds of great deals from leading retailers, giving consumers a wide variety of choices for great presents this Christmas. 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** , and has recently introduced an innovative product search tool to help find the best presents around.

Hodson adds: “Shopping on sites that accept PayPal is a great way to ease the stresses and strains of Christmas shopping. And with great cashback offers, as well as the opportunity to win £10,000 there’s no better place to look than PayPal Offers. Good luck to everyone!”

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For more information contact:

Louise Bromley
tel: 020 7566 9777
email: Louisebr@lansons.com

Natalie Martin
tel: 0207 566 9730
email: nataliem@lansons.com

Laura Moss
tel: 0207 566 9777
email: lauram@lansons.com

Helen Thomson
tel: 020 7566 9777
email: helent@lansons.com

Notes to Editors:
To find out more about PayPal and set up an account please visit http://www.paypal.co.uk

* Promotion terms are available on Terms and Conditions link at the footer of http://www.paypal.co.uk/offers. No purchase is necessary.

** 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.

About PayPal
PayPal is a secure online account that stores your card and bank details, enabling you to pay online and by mobile phone quickly and safely. There's no need to enter your sensitive financial information every time you shop, and you can be confident that it is never shared with the seller. PayPal is the safer, easier way to pay and get paid online PayPal Europe S.àr.l. et Cie S.C.A. is a Luxembourg-based limited liability partnership, which is regulated by the Commission de Surveillance du Secteur Financier (‘CSSF') in Luxembourg. PayPal Inc is the ultimate parent of PayPal Europe S.àr.l. et Cie S.C.A. and is 100% owned by eBay Inc. PayPal Inc was set up in the US in December 1998 and acquired by eBay Inc in 2002.
PayPal has 60 million active accounts* (149 million total accounts) and is available in 190 markets. * active accounts are those that have had activity in the past 12 months.
More information about the company can be found at http://www.paypal.co.uk or http://www.paypal.co.uk/press

Published on: 12:00AM on 3rd November 2008