eBay and KBank Offer Joint Promotion to K-Web Shopping Card Holders

Buy & Sell Securely on eBay without Credit Cards, Top Five Sellers Will Win Blackberry Curve 8520


eBay and Kasikorn Bank (KBank) today announced a new feature to the K-Web Shopping Card, an Internet shopping card by KBank that will help facilitate buying and selling on eBay. As part of the launch, eBay and KBank are also offering K-Web Shopping Card holders exclusive incentives and a chance to win attractive gifts when they use the card on eBay.

The K-Web Shopping Card is a virtual card with a 16-digit card number, just like a regular credit card. Users can simply fill in their K-Web Shopping Card number, Card Verification Value (CVV) number and expiration date to pay for goods and services at online stores. As an added form of protection, users will also be able to set a spending limit of up to 100,000 Baht for the K-Web Shopping Card, depending on the funds available in their bank accounts. Interested individuals can apply for the card via K-Cyber Banking without having to submit additional documents.

“We are pleased to work with KBank, Thailand’s leading commercial bank, to provide Thai users with a payment solution that will enable them to trade more effectively on eBay. Thai eBay users are among the most active in cross border trade in Southeast Asia—buying from and selling to over 90 million active eBay members worldwide,” said Allis Ghim, Director at eBay, who oversees Southeast Asia and Japan.

“With the K-Web Shopping Card, Thai eBay users who do not own a credit card will still be able to perform various tasks on eBay such as registering their new eBay and PayPal accounts, verifying their eBay accounts for selling internationally, paying their selling fees or making payment for their online purchases,” she added.

During the promotional period, which lasts from now until May 31, 2010, the first 1,000 new eBay sellers who register with PayPal using a K-Web Shopping Card can receive rebates on eBay insertion fees and selected feature fees for their first 50 completed eBay listings. The first five participants who achieve the highest total sales amount (in US dollars) from selling on eligible eBay websites during the promotional period will stand a chance to win a new BlackBerry Curve 8520.

Additionally, KBank will be giving out exciting gifts to customers who spend either 8,000 Baht or 25,000 Baht with their K-Web Shopping Card on eBay.

To register for the promotion or find out more, please visit http://export.ebay.co.th/kbank/.
About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects millions of buyers and sellers globally on a daily basis through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.