Denver 5/14/2013 11:54:20 PM
News / Business

Ibotta and PayPal Allow Shoppers Instant Access on Mobile to Over $1 Million in Cash Rewards

The free Ibotta app instantly transfers cash to a user’s PayPal account.

Ibotta, Inc. announced today that it has collaborated with PayPal to allow its users quick and secure access to cash earned for purchasing their favorite products at over 40 leading retailers nationwide. Ibotta’s users have earned over $1 million in just over six months via smartphones and tablets.

Ibotta users can transfer their earnings directly to PayPal via their mobile device with one click of a button. Users are now also able to create new PayPal accounts directly within the Ibotta mobile app. “PayPal is excited to work with leading technology companies like Ibotta that are leveraging PayPal to deliver a great consumer experience on mobile. Ibotta has created cutting edge technology and a unique interface that makes earning cash fast, easy and fun, while also influencing what people buy and where they shop,” says Randall Davies, Senior Director of Global Business Development, PayPal.

Users of the Ibotta app are delighted with the speed, accuracy and seamless transfer of cash to their PayPal accounts. "Working with PayPal allows Ibotta to give our users quick and easy access to cash in a fast, safe, and secure transaction,” says Ibotta’s CEO Bryan Leach.

One of the U.S.'s fastest growing mobile shopper technologies, Ibotta is a fun and exciting way to earn cash for buying everyday products in the grocery store. In addition to Product Offers, Ibotta’s latest app version unveiled Bonuses and Store Extras, which introduce new ways for Ibotta users to earn cash. Bonuses bring a playful new twist to shopping by allowing users to participate in games and challenges based on what they buy, where they shop, and how much they spend. Ibotta users earn real money, building up their PayPal account balance in the process.

Consumers are attracted to Ibotta for the earning potential, ease of use and 100% guarantee of cash rewards received through PayPal. As a result, users have rewarded Ibotta with over 10,000 top reviews on the Apple App Store and Google Play. Ibotta has been featured by Google and Apple, and covered by multiple news outlets, including Good Morning America, U.S News and World Report, Mashable, TechCrunch, CNET, Progressive Grocer, and Shopper Marketing.

Ibotta features hundreds of offers on products by 9 of the 10 leading consumer packaged goods companies. The Ibotta app works at over 40 retailers nationwide, with more retailers joining Ibotta’s network each week.

Ibotta can be downloaded for free on the Apple App Store and Google Play.

About Ibotta

Ibotta is a Silicon Valley-backed technology company that focuses on developing the world’s first brand engagement mobile applications. The company’s technology team has a proven track record of building mobile and web technologies that have enriched the lives of hundreds of millions of consumers while its senior management team has decades of experience working closely with the world’s leading brand companies and retailers.

Ibotta website: http://www.ibotta.com
About Ibotta: ibotta.com/about
Facebook: facebook.com/ibottaapp
Blog: http://blog.ibotta.com/