November 13, 2004

PayPal Continues to Grow with GoDaddy

PayPal is the easy way to transact business online and MANY businesses are finding it's the perfect way to start an e-commerce solution.

The Go Daddy Group, Inc., parent company of No. 1 domain name registrar GoDaddy.com, announced today that customers now have the option of purchasing the products and services of Go Daddy's complete Web development catalog using PayPal's global online payment service.

Go Daddy's decision to become a PayPal merchant augments the Company's current secure credit card and online check payment options with PayPal's unique "online wallet" flexibility. The PayPal option provides Go Daddy customers the ability to pay through the one-stop PayPal system which incorporates credit cards, bank accounts or a stored PayPal account balance. The addition of PayPal also enables Go Daddy to accept five different currencies -- a benefit for Go Daddy's increasingly global customer base.

"PayPal offers customers worldwide a safe payment solution through an existing financial infrastructure, an attribute that is important to Go Daddy," said Bob Parsons, president and founder of The Go Daddy Group. "We are excited to offer this payment advantage to our worldwide customer base and expect incremental growth in sales due to the wide acceptance and trust PayPal users have in their system."

Go Daddy also has included PayPal in its e-commerce storefront building product, providing Go Daddy customers the ability to offer the PayPal payment option on their Web sites.

"Go Daddy and PayPal are both dedicated to helping businesses move online quickly, easily and securely," said Stephanie Tilenius, vice president of merchant services for PayPal. "We're happy to work with Go Daddy to provide a convenient payment option and expedite the whole process of getting up and running on the Internet."

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