9/08/09

CircuitCity.com Expands Payment Options With PayPal

Katie Evans , Managing Editor, International Research

MIAMI, Sep 08, 2009 -- CircuitCity.com, a subsidiary of Systemax Inc., today announced that it has added PayPal, a leading global online payments processor, to the list of traditional payment options available to its customers. CircuitCity.com shoppers can now pay for their purchases using PayPal when ordering online at www.CircuitCity.com.

"The all-new CircuitCity.com has made a huge splash in the retail marketplace in the short time since its launch. By offering customers a faster, safer checkout experience with PayPal, we are demonstrating our commitment to providing the smoothest online shopping experience anywhere," said Gilbert Fiorentino, chief executive of the technology products group at Systemax. "Offering PayPal to our customers at CircuitCity.com is the latest stage in a long-term relationship between Systemax and PayPal."

"We`re very pleased that PayPal customers will now be able to make purchases from CircuitCity.com," said Jim Hunt, senior director of PayPal merchant services. "Some shoppers are uncomfortable providing their financial information directly to online merchants. When paying with PayPal, customers` financial information is never shared with the merchant, providing additional security and protection."

About CircuitCity.com

CircuitCity.com is a leading online retailer of computers, computer and office accessories, and consumer electronics. The online retailer is a wholly-owned subsidiary of Systemax Inc., a Fortune 1000 company, which acquired select assets of Circuit City in May 2009. Shoppers can sample CircuitCity.com`s vast selection and low prices at http://www.circuitcity.com or by calling 1-800-THE-CITY.

SOURCE: Systemax Inc.

Brainerd Communicators

Bill Douglass / Nancy Zakhary, 212-986-6667

douglass@braincomm.com / nancy@braincomm.com

Topics:

Circuit City, Commerce, Economics, mobile payment, PayPal

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