More major retailers signup to PayPal

30.03.2009

PayPal, the world's largest online payments service, has strengthened its position as Britain's most visited financial website. Over the 12 months to February 2009, paypal.co.uk saw a further 50% increase in visitors compared to last year according to the latest data published by leading internet research company, Nielsen Online.

Mark Hodson, PayPal's UK Marketing Director comments, "PayPal's success in attracting even more people to its website underlines the fact we've made it simple for people to shop online without sharing their financial information. We're Britain's preferred online payment brand* with over 22 million accounts - fast approaching half the UK adult population**.

Retailers are realising that adding PayPal can streamline their checkout and drive incremental online sales. More and more websites are accepting payments by PayPal.

"In the last few months, Heal's, Figleaves, Laura Ashley, Lloyds Pharmacy, Manchester City FC, Stagecoach and Comic Relief have all added PayPal to their sites. By partnering with PayPal these retailers all gain an additional way to accept payments online. And in turn their customers can benefit from a faster and more convenient shopping experience as well as the peace of mind of not sharing their financial details."

Alex Burmaster at Nielsen Online comments, "PayPal continues to be far and away the most popular financial services website. The number of Unique Visitors accessing the PayPal site in the last 12 months has increased by an impressive 50%, meaning that PayPal has substantially improved its lead over other financial websites compared to the same time last year. PayPal has added over two million Unique Visitors in the last year - almost six times more than any of the other leading online payment providers."

To find out more about PayPal please visit paypal.co.uk