Paypal have just announced that their affiliate scheme is to close next week. All affiliations, managed through the Commission Junction network, will end on 8th August, and the final payout for merchants will be in September 2007.
As Paypal’s affiliate scheme only paid out on brand new sign-ups, monetizing it has always seemed next-to-impossible. Unless you have a website aimed at people who have been living in caves for the last five years, I don’t see how you’d ever have got many sign-ups because the rest of the world already has Paypal accounts. Looks like Paypal agreed with me for once.