In a display of great focus for a 1bn annual profit company, Paypal introduces cash rebates.

NEW YORK – PayPal, the payment-service company owned by online auction site eBay Inc., said Monday it will launch an incentive program, allowing customers who subscribe to the service to receive cash rebates of up to $20 on several thousand merchants’ sites in North America.

In a release, PayPal said that the cash rebate programs, valued at $100 million, will be available to consumers from Nov. 23 through May 15. Free shipping promotions will be available beginning Nov. 23.

Source: PayPal to offer cash rebates – Yahoo! News