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PayPal Launches CJ Affiliate Program - Running scared from Checkout?

Linda Buquet

In spite of all the problems that are being reported with Google Checkout, Paypal must certainly consider Checkout to be serious competition. So is it coincidence that they just launched an affiliate program to boost market share? I think not. Especially since they are offering the highest incentive for NON Ebay merchants to use their ecommerce payment solution.

Paypal has had their own internal referral system for some time now. But just launched their
new Paypal affiliate program on CJ this month. Here's the scoop.

<blockquote><strong>Paypal Affiliate Program</strong> "Founded in 1998, PayPal is already used by thousands of businesses to collect online payments from their own websites quickly, easily, and securely. We want to pay you up to $23 per referral for your help in bringing new businesses to PayPal!

Focus on businesses selling <strong>off eBay</strong> to earn the full $23 per new account. Enjoy a referral period of 45 days and join today!"</blockquote>
So what do you guys thinK? Do you think they would have launched an affiliate program right now if it weren't for Google trying to compete in this market?

What do you think of the commission payouts of $1 - $20?