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PayPal’s Network Comes with Cash Rebates
PayPal, the payment-service company owned by online auction site eBay Inc., said Monday it will launch an incentive program, allowing customers who subscribe to the service to receive cash rebates of up to $20 on several thousand merchants’ sites in North America.
In a release, PayPal said that the cash rebate programs, valued at $100 million, will be available to consumers from Nov. 23 through May 15. Free shipping promotions will be available beginning Nov. 23.
Some of the merchants’ sites in addition to eBay (nasdaq: EBAY – news – people ) that will offer PayPal customers cash rebate offers are cooking.com, starbucks.com, walgreens.com and buy.com, according to Amanda Pires, a PayPal spokeswoman.
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