I like PayPal because it streamlines the online payment process.  I don't like having to dig around for my credit card and tangle with poorly-designed dropdown menus every time I want to buy a subscription to AbbyWinters.com.

But some people like PayPal for the relative security.  By only associating your credit card or bank account with it, you don't have to worry about your financial information cluttering the databases of every online dildo store on the Internet.

Well, they aren't a dildo store or a fine purveyor of Australian erotica, but Microsoft has gone ahead and hooked up with PayPal as well.  Through Xbox.com, you can now use the service to buy MS Points for use on Xbox Live.  Go at it.

A couple of disclaimers, though.  This is only available for people living in the U.S., so foreigners can suck it.  Also, you can't use PayPal through your 360 console itself, so tough beans.

Still, PayPal!

Source: Microsoft