Paypal opens online shopping site for Christmas

Paypal opens online shopping site for Christmas

PayPal, the online payments business of electronic auction house eBay, is targeting online shoppers in the run up to Christmas with the launch of a shopping Web site that offers cashback and discounts on purchases.

PayPal has partnered with a raft of online retailers - including Ann Summers, Comet, Harrods, John Lewis, Littlewoods, Next, Superbreak, Woolworths, Toys 'R' Us and The Body Shop - to sell products through the 'PayPal Offers' Web site.

The site includes cashback offers of up to 17% from retailers, with money deposited straight into PayPal accounts. Other merchants are offering discounts.

Cristina Hoole from PayPal says: "With the launch of PayPal Offers, PayPal takes away some of the stresses and strains that shopping in the festive period can bring."

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