PlaySpan Integrates PayPal X Into its Video Monetization-as-a-Service Platform

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Global monetization platform leader now offers convenient PayPal payment and settlement for pay-per-view video events

PlaySpan's Video Monetization As A Service Platform

We're extremely excited about working with PayPal X to make PlaySpan's in-video micropayments platform even more accessible to our media clients and providing them global reach to our gaming audience of millions of users

PlaySpan, the global leader in monetizing online games, social networks, virtual worlds and videos, announced today a partnership with PayPal to integrate PayPal X into its recently launched Video Monetization Platform.

The first PlaySpan Video Monetization Platform integration to go live with PayPal X is on the PlaySpan Marketplace (PSM), where user generated commerce is transacted over virtual currency, virtual goods, games and videos.

"We're extremely excited about working with PayPal X to make PlaySpan's in-video micropayments platform even more accessible to our media clients and providing them global reach to our gaming audience of millions of users,” Karl Mehta, CEO, PlaySpan.

To experience PayPal on PSM, visit store.playspan.com/videos-landing and select from a variety of videos in the platform's cinematic best of the web video showcase. PlaySpan’s marketplace currently features popular programming from internet television network Revision3, Emmy-winning Fun Little Movies, and YouTube sensations Blame Society Films and ChadMattandRob, with many others soon to be announced.

Mehta added, “Now, with just one click, viewers can pay to stream premium entertainment using their PayPal account. Content publishers can also opt to be paid by PayPal making the entire purchase process frictionless and fun."

On the heels of the partnership, PlaySpan is offering a holiday code, 1111-1111-XMASPAYPAL-236959, for free UPoints to the first 1000 people who want to enjoy the video pay-per-view experience on PlaySpan Marketplace.

For more information on PlaySpan’s Video Monetization Platform and how to monetize your video player with microtransactions, contact Martine Paris, Head of Content Acquisition, PlaySpan Marketplace, at martine(dot)paris(at)playspan(dot)com.

About PlaySpan, Inc.

PlaySpan™ is the global leader in monetization solutions for more than 1,000 online games, social networks, and online videos. PlaySpan's patent-pending Monetization-as-a-Service™ platform enables publishers and developers to generate new revenue streams and grow ARPU.

PlaySpan’s Monetization-as-a-Service™ with its global payments product, UltimatePay™ delivers over 85 global payment methods in 180 countries including credit cards, PayPal, mobile payments, and PlaySpan’s ULTIMATE GAME CARD®, the #1 selling multi-game pre-paid card, available in over 50,000 retail locations across North America and a growing list of countries worldwide.

PlaySpan is headquartered in Silicon Valley with offices in Ohio, Virginia, and Mumbai. Investors include Easton Capital, Menlo Ventures, Vodafone Ventures, Softbank Bodhi Fund, STIC, and Novel TMT Ventures. The company has won over 13 major awards in the past 3 years, was honored by Inc Magazine as one of the fastest growing companies in its Inc 5000 list for 2010 and was named to Business Insider’s prestigious Digital 100
for 2010.

For more information about PlaySpan, visit: http://developer.playspan.com

Contact:
Eric Gonzalez
VSC Consulting for PlaySpan
415.272.0836
eric(at)vscconsulting(dot)com

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