PayPal Launches Local Service in Spain

PayPal announced today the launch of a new website designed for Spanish users. The new site is written in Spanish and offers information customized for Spanish PayPal account holders, and enables payments in Euros, the common currency in Spain.

SAN JOSE, CA (PRWEB) May 31, 2005 -- PayPal, a leading online payment solution, today announced the launch of a new PayPal site in Spain, designed for Spanish users. The new site https://www.paypal.es/) is written in Spanish, offers information customized for Spanish PayPal account holders, and enables payments in Euros, the common currency in Spain.

PayPal.es is also integrated into eBay Spain, making buying and selling on eBay even faster, safer and more convenient for Spanish users. Because PayPal has nearly 72 million accounts in 45 markets, PayPal.es makes it easier for Spaniards to buy and sell with millions of eBay and PayPal users around the world.

The Spanish eBay community has been requesting a local PayPal site for some time now," said Mathias Entenmann, vice president of PayPals international business. Through the launch of PayPal Spain we are delivering on this request and further enabling PayPal users in Spain to participate in global ecommerce."

PayPal Spain (http://www.paypal.es/) joins the growing list of international PayPal sites, including: PayPal United Kingdom (http://www.paypal.co.uk/), PayPal Canada (http://www.paypal.ca/), PayPal France (http://www.paypal.fr/), PayPal Belgium (http://www.paypal.be/), PayPal Netherlands (http://www.paypal.nl/), PayPal Germany (http://www.paypal.de/), PayPal Austria (http://www.paypal.at/), PayPal Switzerland (http://www.paypal.ch/), PayPal Italy (http://www.paypal.it/), PayPal Ireland (http://www.paypal.ie/) and PayPal Australia (http://www.paypal.com.au/). PayPal enables payments in six currencies: U.S. Dollars, Canadian Dollars, Pounds Sterling, Euros, Japanese Yen and Australian Dollars. The PayPal.es service is provided by PayPal (Europe) Limited. PayPal (Europe) Limited is regulated by the Financial Services Authority in the United Kingdom as an electronic money institution.

About PayPal

Founded in 1998, PayPal, an eBay company, enables any individual or business with an email address to send and receive payments online securely, easily and quickly. PayPals service builds on the existing financial infrastructure of bank accounts and credit cards and uses one of the worlds most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. PayPal has nearly 72 million accounts and is available to users in 45 markets around the world. More information about the company can be found at https://www.paypal.com/.

Contact:

Rob Key

6465678228

rkey@converseon.com

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