Apple iTunes Now Accepts PayPal

The iTunes Music Store in the US will now accept PayPal for purchases of music downloads, audiobooks and gift certificates.

Starting today, iTunes Music Store purchases can be funded through PayPal’s virtual wallet, allowing customers to pay in the way they prefer—using a credit card, bank account or stored accountbalance. The first 500,000 customers to open a new iTunes account in the US using PayPal as their form of payment before March 31, 2005, will receive five free songs.

“We are thrilled that PayPal users can now buy their music on the world’s number one online music store,” said Todd Pearson, general manager of PayPal’s Merchant Services. “PayPal’s virtual wallet offers iTunes customers the convenience of paying in the way they prefer.”