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PayPal just released the great deals and cash back offers for the coming 2008 holiday shopping season. Customers can get up to 20% cash back for shopping through PayPal and pay with PayPal. The 20% discount will be applied to top online retailers such as OverStock, eToys and BlockBuster. Meanwhile, PayPal will also offer free shipping from some PayPal merchants. Of course, the most attractive part is PayPal will team up with Live Search and eBay to offer huge discount for shopping “Buy it Now” items on eBay.com.

According to Cliff Hopkins, senior director for PayPal, “Under current economic situation, many consumers will shop early and using every tool at their disposal to find the best deals on holiday gifts.” On order to boot sales, online merchants are also working to provide free shipping, cash rebate, and other great deals to their customers.

In details, retailers will offer a number of holiday promotions to help PayPal users find great gift ideas.

NO Shipping Cost

This is a very standard promotion for some online merchants to offer PayPal members. Some merchants also participated in the PayPal holiday promotion last year.

Cash Cash Offers

From December 1, 2008, PayPal will offer a great discount offers for members using PayPal to shop online. The cash back is up to 30%! Participating retailers are Blue Niles, eToys, OverStock etc. The cash back is offered instantly.

Deals from eBay through Live Search

Maybe you are still excited with the 35% cash back from Live Search with eBay and PayPal. I believe eBay and Microsoft will continue to offer huge promotion deals during shopping season. The latest message is: Shoppers who arrive at eBay through Microsoft Live Search (www.live.com) can receive up to 30% cash back on the purchase of any eligible “But it Now” item when using PayPal through the Microsoft Live Search cash back program.

PayPal was offering 10% off coupon together with 25% cash back from Live Search several days ago. Anyone who received the 10% coupon can use it together with live search cash back offer to get up to 35% discount! The coupon code as shown above is CFALLSAVINGS10P.

PayPal just announced that PayPal will cover the original shopping and shipping cost for users using PayPal to pay full price at eBay if the items are not received or significantly not as described. Shopping with PayPal is now even safer.

For more information, you can go to the official PayPal promotion website: www.paypal.com/holiday.