PayPal Customers Receive $10 Cash Back on New blockbuster.com Subscriptions
this Summer
DALLAS, June 24 /PRNewswire-FirstCall/ -- Starting today, entertainment
provider Blockbuster Inc. is accepting PayPal as another safe and
convenient way to make purchases on the company's web site,
blockbuster.com.
"Blockbuster.com is the only site that offers customers the flexibility
to rent DVDs through the mail, purchase them new or used online and, later
this summer with the premiere of our new movie downloading service, the
ability to purchase or rent digital entertainment," said Keith Morrow, CIO,
Blockbuster Inc. "Now with the addition of PayPal, we're also offering
customers even greater flexibility in regards to their payment method."
To celebrate the launch of PayPal, Blockbuster is offering PayPal
customers $10 cash back for signing up for a new online rental subscription
at blockbuster.com. To take advantage of the cash back offer, PayPal
customers should visit http://www.blockbuster.com/paypal.
"As one of the leading online and offline video entertainment
providers, Blockbuster's service is a natural fit for millions of PayPal's
savvy online shoppers," said Mary Anne Gillespie, vice president of sales
at PayPal. "We are excited to add Blockbuster.com to the growing list of
leading online retailers accepting PayPal."
With PayPal, blockbuster.com shoppers now have a new way to pay for
their purchases using debit cards, bank accounts, stored balances, or
credit cards through their individual PayPal accounts without sharing their
financial information.
The $10 cash-back offer is available through August 31, 2008 with a new
paid subscription to any of Blockbuster's online rental subscription plans,
including Blockbuster By Mail(TM) and Blockbuster Total Access(TM), the
company's integrated by-mail and in-store offering.
Initially, blockbuster.com customers will be able to use PayPal as a
payment method for their online movie rental subscriptions, but eventually,
they will be able to use PayPal as a payment option for all their other
transactions on the site, including purchases of new and previously viewed
DVDs, BLOCKBUSTER GiftCards and blockbuster.com gift subscriptions. PayPal
will also be a payment option for customers who want to rent or purchase
digital movies through blockbuster.com's movie downloading service, which
will be available later this summer.
About Blockbuster
Blockbuster Inc. (NYSE: BBI; BBI.B) is a leading global provider of
in-home movie and game entertainment, with more than 7,700 stores
throughout the Americas, Europe, Asia and Australia. The company may be
accessed worldwide at http://www.blockbuster.com.
About PayPal
PayPal is the safer, easier way to pay and get paid online. The
services allows anyone to pay without sharing financial information and
gives consumers the flexibility to pay in any way they prefer, including
through credit cards, bank accounts or account balances. With more than 60
million active accounts in 190 markets and 17 currencies around the world,
PayPal enables global ecommerce. PayPal is an eBay company. More
information about the company can be found at http://www.paypal.com.
SOURCE Blockbuster Inc.
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Related links:
http://www.blockbuster.com
CONTACT:
Randy Hargrove of Blockbuster Inc.,
+1-214-854-3190
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