NEW YORK, NY – August 16, 2006 – Barnes & Noble, Inc. (NYSE: BKS), the nation's largest bookseller, announced today that Barnes & Noble.com (www.bn.com), has added PayPal as a payment method. PayPal is a global leader in online payment solutions. It allows online shoppers to enter and store credit card and billing information in one place, instead of storing and updating this information on multiple sites.
"Adding PayPal as a payment option gives our customers more ways to shop with us, providing even more convenience, ease, and flexibility," said Marie Toulantis, chief executive officer of Barnes & Noble.com. "We look forward to serving the millions of PayPal customers who can now shop for their books and other entertainment products at Barnes & Noble.com, with the convenience of using their PayPal accounts."
"We are pleased to add Barnes & Noble.com, one of the largest e-commerce sites, to the roster of merchants who accept PayPal," said Dana Stalder, senior vice president of PayPal. "Many of our customers already prefer to shop online at Barnes & Noble.com and are thrilled that they can now use their PayPal accounts to do so."
Barnes & Noble.com shoppers can now pay for purchases with their PayPal accounts, using a credit card, bank account or stored account balance. PayPal enables any individual or business with an e-mail address to send and receive payments online securely and easily. Privacy is an important part of the service. PayPal allows customers to shop online with confidence that their financial information will be kept private. PayPal has more than 114 million accounts and is available to users in 55 markets around the world. More information about the company can be found at https://www.paypal.com.
About Barnes & Noble, Inc.
Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller and a Fortune 500 company, operates 797 bookstores in 50 states. For the fifth year in a row, the company is the nation's top retail brand for quality, according to the EquiTrend®® Brand Study by Harris Interactive®. Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites and the number one online bookseller for quality among e-commerce companies, according to the latest EquiTrend survey.
General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's corporate Web site: http://www.barnesandnobleinc.com.