Monster Adds PayPal Functionality for Online Recruiting Services
MAYNARD, Mass. and SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 12, 2006--Monster(R), the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), and PayPal, today announced PayPal will be available as a payment method on Monster's eCommerce site. Monster becomes the first of leading online recruitment sites to offer PayPal, a leading global online payment method that enables customers to pay for items using their bank accounts, credit cards, stored PayPal balance or PayPal Buyer Credit - without sharing their financial information with recipients.
"Monster remains committed to making it easier for customers, especially small businesses, to work with us, and the addition of PayPal is another step toward allowing employers to effortlessly access our recruitment resources," said Brad Baker, president of product, technology and service at Monster. "We continue to enhance our eCommerce channel to offer tools and services that expedite the entire recruitment process, from posting the job, to screening applicants, to paying for services rendered."
"We are excited to add Monster.com, the largest online career site and a pioneer in its category, to the roster of merchants who accept PayPal," said Stephanie Tilenius, vice president of merchant services for PayPal. "PayPal works with merchants of all sizes, all over the world. Now, those merchants can use their PayPal accounts to help them find their most important assets - qualified employees."
Millions of merchants already use PayPal to accept payments for their e-commerce sites. Now it is even more convenient for merchants to use the funds already stored in their PayPal accounts to help them staff their businesses for the new year with Monster's recruiting services.
Monster chose to integrate PayPal functionality into its eCommerce site as part of the company's continued focus on personalizing the recruiting experience to help employers effectively target the proper candidates. Time is often at a premium for small business owners, and by affording the ability for employers to pay for Monster's recruitments products online, employers will now have a more resourceful and cost-effective tool to enhance the recruitment process.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers and recruitment resource. Headquartered in New York with approximately 4,600 employees in 35 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and NASDAQ 100. More information about Monster Worldwide is available at www.monsterworldwide.com.
Monster(R) is the leading global online careers and recruitment resource. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 34 local language and content sites in 32 countries worldwide. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://info.monster.com.
Founded in 1998, PayPal, an eBay (NASDAQ: EBAY) company, enables any individual or business with an email address to send and receive payments online securely and easily using a bank account, credit card or stored balance. Because PayPal allows customers to shop online without sharing their financial information with merchants, privacy is built into the service. PayPal has nearly 123 million accounts and is available to users in 103 markets around the world. More information about the company can be found at https://www.paypal.com.MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5292702 CONTACT: Monster Steve Sylven, 978-461-8503 email@example.com or PayPal Sara Bettencourt, 408-967-2382 firstname.lastname@example.org SOURCE: Monster