A few weeks ago we posted about the new PayPal Labs program and widgets for Facebook and MySpace. Yesterday, PayPal officially launched their Storefront Widget Beta. These widgets allow users to embed virtual PayPal storefronts into blogs, sites, social profiles and anywhere else where HTML can be embedded in the code.

Basically, blog, site or profile shoppers select products or items from the widget to add into the shopping cart, then they checkout and pay using PayPal. The idea for storefront widgets was suggested by PayPal users as a way for them to sell easily from MySpace profiles, Facebook profiles and more (Note: At this time, the PayPal Storefront is not available for MySpace, you can get notified when it is by clicking here).
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