CompUSA Chooses PayPal for eCommerce Payments

CompUSA.com now accepting PayPal for quick and easy checkout

MIAMI--(BUSINESS WIRE)--CompUSA is now accepting PayPal as a way to pay for purchases made on the All-New CompUSA.com website located at http://www.compusa.com. CompUSA is the latest in the Systemax family of brands to offer PayPal. PayPal is currently accepted in North America at TigerDirect.com, TigerDirect.ca and now CompUSA.

“PayPal has been a strategic partner to our eCommerce operations”

"PayPal has been a strategic partner to our eCommerce operations," said Gilbert Fiorentino, President of Systemax's Technology Products segment. "Consistently delivering new customers to our websites is a key benefit of PayPal. The addition of PayPal to the CompUSA website is a logical extension to our shopping cart." The All-New CompUSA offers computers, electronics and accessories for consumer, business, government and educational customers through the CompUSA.com, CompUSABusiness.com and CompUSAGovEd.com websites.

PayPal is chosen by millions of online shoppers for its ease of use and high level of security. When paying with PayPal, consumer’s financial information is never shared with the merchant ensuring a higher level of protection and security. In addition, consumers can choose from several different payment options to fund transactions including credit card, bank account and PayPal account balance. Using only an email address and a password, PayPal account holders can quickly and easily complete their payments in seconds.

“We are excited to add CompUSA to the growing list of leading online retailers accepting PayPal,” said Dana Stalder, general manager of merchant services and marketing at PayPal. “With CompUSA, PayPal customers have even more choice when shopping for great deals on computers, electronics and more.”

To help celebrate the launch of PayPal on the website, CompUSA is offering $20 cash-back to shoppers who use PayPal as their payment method on purchases over $200 for a limited time. "This is an incredible opportunity for PayPal customers to experience the All-New CompUSA.com," said Lonny Paul, Director of eCommerce for CompUSA. "Our website has a much larger selection than before, expansive product information, photos, video demonstrations and even manuals. Plus, we ship 95% of our orders the same day, with most reaching their destination in 2-3 days. There are lots of new things going on at the All-New CompUSA - and PayPal customers get a bonus for trying it out!"

About CompUSA

The CompUSA companies serve the needs of both personal and business computer users, selling consumer electronics, computers, digital media technology and peripherals via retail stores, catalogs and Internet channels. The CompUSA companies are subsidiaries of Systemax Inc. (NYSE: SYX). In the first quarter of 2008 the CompUSA companies acquired selected assets from their prior owner (CompUSA Inc.), including the CompUSA brand name and other trademarks, e-commerce business, domain names and 16 retail outlets in Florida, Texas and Puerto Rico. The acquisition preserves CompUSA's legacy of value pricing, service and customer loyalty and continues to build the value of the CompUSA brand.

About Systemax Inc.

Systemax Inc. (www.systemax.com), a Fortune 1000 company, sells personal computers, computer supplies, consumer electronics and industrial products through a system of branded e-commerce web sites, direct mail catalogs, relationship marketers and retail stores in North America and Europe. The primary brands are TigerDirect, CompUSA, Misco and Global Industrial. It also manufactures and sells personal computers under the Systemax and Ultra brands and develops and markets ProfitCenter Software, a web-based, on-demand application for multi-channel direct marketing companies.

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 141 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.