What is MyStoreRewards relationship with PayPal?
Since most small online sellers can’t afford their own branded credit card, we teamed up with PayPal to offer the MyStoreRewards program to any seller who accepts PayPal payments. PayPal has over 100 million accounts and operates in over 56 countries. Nearly every eBay seller and almost all web-sites now accept PayPal as an option. PayPal’s fees are also competitive with credit card processing fees. With that many accounts and with PayPal’s ease-of-use and price competitiveness, it made perfect sense for MyStoreRewards to develop our program for use with the PayPal payments platform. Our company has been issuing reward rebates through PayPal since May 2005. We have worked extensively with PayPal for well over a year in developing our MyStoreRewards service. We believe PayPal has an exceptionally secure payments platform and we believe PayPal offers sellers one of the best options in the marketplace. We are proud to be working with PayPal. However, it is important to note that we are 10
