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Last updated on May 31, 2012 at 14:49 EDT

ShopNBC Now Accepts PayPal

November 1, 2007
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MINNEAPOLIS, Nov. 1 /PRNewswire-FirstCall/ — ValueVision Media, Inc. , operator of ShopNBC, an upscale home shopping and Internet retailer, and PayPal, a leader in online payment solutions, today announced that ShopNBC.com has added PayPal as a payment method for its customers.

“We continue to focus on opportunities to enhance the customer experience at ShopNBC,” said Frank Elsenbast, CFO of ValueVision Media, Inc. “PayPal allows us to offer a new payment method that is convenient and valued by our ShopNBC.com customers.”

PayPal is a global leader in online payment solutions with more than 153 million accounts worldwide. It offers added convenience to customers, allowing them to use their chosen method of payment (debit card, credit card, bank account or stored balance) through their individual PayPal account.

“Our customers prefer to use PayPal, and they’ve told us that they want to be able to use their PayPal accounts where they love to shop online,” said Stephanie Tilenius, vice president of merchant services at PayPal. “We’re thrilled that they can now use PayPal on ShopNBC.com, one of the leading home shopping and Internet retailers.”

PayPal enables any customer with an email address to make a purchase using their preferred method of payment without disclosing financial information on multiple sites. And, the PayPal Express Checkout feature offers added convenience, enabling customers to checkout on ShopNBC.com in just three clicks, without having to share their financial details or enter billing and shipping information.

For a limited time, ShopNBC.com will be offering free shipping and handling on all PayPal orders.

ABOUT VALUEVISION: Founded in 1990, ValueVision Media, Inc. is an integrated direct marketing company that sells general merchandise directly to consumers through television, the Internet, and direct mail. It operates ShopNBC, one of the top three television shopping networks in the United States. For more information, please visit http://www.valuevisionmedia.com/, http://www.shopnbc.com/, or http://www.shopnbc.tv/.

About PayPal: PayPal is the safer, easier way to pay and get paid online. The service 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 164 million 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 https://www.paypal.com/

ValueVision Media, Inc.

CONTACT: Investors, Frank Elsenbast, Senior Vice President and ChiefFinancial Officer, +1-952-943-6262, or Amy Kahlow, Director of Communications,+1-952-943-6717, both of ValueVision Media, Inc.

Web site: http://www.shopnbc.com/http://www.shopnbc.tv/http://www.valuevisionmedia.com/