PayPal Teams Up With iTunes To Launch Digital Gift Card Store

Paypal has teamed up with iTunes to launch ‘Paypal Digital Gifts‘, a new program which allows users to buy or gift iTunes gift cards which come in $15, $25, $50 and $100 denominations.

With this, the firm hopes to streamline online gift-card giving while adding its trademark layer of security for good measure. The company admits the digital storefront is a bit sparse at the moment, but says it will be announcing more partners soon. Unfortunately, the offer is only available in the US — space tourists will have to shop elsewhere.