ClickBank Offers PayPal for Recurring Billing

BROOMFIELD, Colo.--(BUSINESS WIRE)--ClickBank, a privately held online retailer for buyers and sellers of digitally delivered products and services, today announced it is offering PayPal for recurring billing – yet another strategic option for product publishers seeking to increase business and meet customer needs.

“Allowing customers to use PayPal for recurring billing will further fuel demand for our popular subscription-based products and services and, by providing a new payment option, enhance the ClickBank experience for publishers, affiliates and customers.”

ClickBank is using PayPal’s recurring billing solution to give product publishers an easy way to sell subscription-based content and services, such as online newsletters or annual software licenses. It has proven to be very popular with customers, growing rapidly each month since its introduction.

“Currently, nearly 20 percent of ClickBank’s total business transactions are conducted using PayPal,” said Bob King, ClickBank CEO. “Allowing customers to use PayPal for recurring billing will further fuel demand for our popular subscription-based products and services and, by providing a new payment option, enhance the ClickBank experience for publishers, affiliates and customers.”

"We are excited to have ClickBank on board using PayPal," said Jim Hunt, director of merchant relations at PayPal. “Using our recurring billing functionality gives customers security and convenience when shopping online."

ClickBank is a world leader in online commerce systems with more than 100,000 active affiliates, 35,000 unique digitally downloadable products, such as e-books and software, and over 12,000 product publishers from around the globe that register more than 25,000 daily transactions.

About ClickBank: ClickBank is the largest online retailer for those engaged in developing, selling and promoting digitally downloaded products and services. The company functions as a virtual business network facilitating the interactions and transactions between buyers, sellers and promoters while providing guaranteed tracking of sales, state-of-the-art fraud protection and a totally secure platform. ClickBank processes more than 25,000 transactions from around the world every day. For more information, please visit www.ClickBank.com.