iTunes Music Store now accepting PayPal

Apple and PayPal today announced that the US iTunes Music Store now accepts PayPal for purchases of music, audiobooks and gift certificates. Starting today, PayPal users can shop at the store with a credit card, bank account or stored account balance. “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.” 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.