PAYPAL OFFERS REBATES

November 7, 2006 -- PayPal, eBay Inc.'s online payment services division, said it will offer as much as $100 million in holiday rebates and free shipping to fend off competition from Google Inc.

Consumers will receive up to $20 in cash-back rebates from PayPal when they make online purchases on eBay.com and certain merchant Web sites, in North America, PayPal said in announcing the biggest promotion in its eight-year history. The rebates run from Nov. 23 through May 15.