Free to Join and Open to U.S. eBay Account Members, eBay Bucks Offers     Consumers 2 Percent Back on Most Items Purchased Through the Site with     PayPal

SAN JOSE, Calif.—eBay (NASDAQ:EBAY), the world’s largest online marketplace and leader in     mobile commerce, today announced the launch of its first-ever rewards     program: eBay     Bucks. Any eBay shopper who resides in the U.S. and is a registered     member of is eligible to participate in the eBay Bucks program.      eBay Bucks offers consumers 2 percent back on most items purchased     through the site with PayPal.

With access to the largest supply of merchandise of any online shopping     site, consumers can earn eBay Bucks for most purchases made both on and through smart phone devices using eBay mobile applications.      The amount of eBay Bucks earned is calculated in real-time. When it’s     time to redeem, the eBay Bucks certificate is automatically applied to     the customer’s purchase.

“We’re giving eBay’s most loyal shoppers something special in return –      money to spend on eBay,” said Lorrie Norrington, president of eBay     Marketplaces. “eBay Bucks Rewards Program is free to join and easy to     use, providing customers with even greater value when they shop the     great selection and deals on eBay. With redemption rates well above     industry average for comparable loyalty programs, eBay Bucks is a big     hit with both buyers and sellers on eBay. It’s seamless, simple and     rewarding.”

Once consumers enroll, each qualifying purchase will automatically earn     eBay Bucks, which accumulate during each calendar quarter, or every     three months. An eBay Bucks certificate is then issued and consumers     have 30 days to redeem their eBay Bucks towards purchases with PayPal on

For the past year, eBay has been piloting eBay Bucks with select U.S.      customers. On average, consumers enrolled in eBay Bucks spent five times     more on eBay than those not participating in the program, earning eBay     Bucks every half second during the pilot. Sellers also benefitted from     buyers making more purchases as a result of the rewards program.

For more information on the program and a video tutorial, please visit:

About eBay

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects     hundreds of millions of buyers and sellers globally on a daily basis     through eBay, the world’s largest online marketplace, and PayPal, which     enables individuals and businesses to securely, easily and quickly send     and receive online payments. We also reach millions through specialized     marketplaces such as StubHub, the world’s largest ticket marketplace,      and eBay Classifieds sites, which together have a presence in more than     1,000 cities around the world. For more information about the company     and our global portfolio of online brands, visit

About PayPal

PayPal is the faster, safer way to pay and get paid online. The service     allows members to send money without sharing financial information, with     the flexibility to pay using their account balances, bank accounts,      credit cards or promotional financing. With more than 87 million active     accounts in 190 markets and 24 currencies around the world, PayPal     enables global ecommerce. PayPal is an eBay company and is made up of     three leading online payment services: the PayPal global payment     service, the Payflow Gateway and Bill Me Later. The company’s open     payment platform, PayPal X, allows developers to build innovative     payment applications on multiple platforms and devices. More information     about the company can be found at

PayPal is headquartered in San Jose, California and its international     headquarters is located in Singapore.

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