PayPal announced its 2007 holiday promotions program includes a 20 percent cash-back from PayPal on holiday purchases through select merchants, a daily shopping sweepstakes, and offers from PayPal merchants. PayPal has also teamed with TheFind.com to allow buyers to search by product and utilize interactive shopping lists.

PayPal Vice President of Marketing Susan Phillips said, "Now, PayPal is giving customers even more reasons to use their PayPal accounts with cash back offers, big savings, and the chance to win great prizes just in time for the busy holiday shopping season." The holiday promotional incentives include the following:

Cash-Back: Beginning November 26 for a limited time, PayPal consumers can receive 20 percent cash back on purchases at select PayPal merchants, up to $50. More than 15 merchants are participating in the cash back program, including Barnes & Noble.com, Blue Nile, HP Home and Home Office Store, eToys.com and Sharper Image.

Holiday Sweepstakes: When consumers use their PayPal account on U.S. websites from November 19 through December 21, 2007, they'll be automatically entered to win prizes totaling more than $100,000, including a chance to win a family entertainment package.

Special Offers: Special offers, such as free shipping and discounts on items from select PayPal merchants, will be available from November 19 through December 21. Participating merchants include Shoebuy.com, Northwest.com and Zales.

PayPal will publish a special web page with more information about the promotion beginning November 19, 2007.