PayPal no longer a valid payment option for the Buddy Program (http://www.eveonline.com/news.asp?a=single&nid=4870&tid=1)
23 January 2012, 6:15 pm
As of Monday, January 23 we have removed PayPal as a payment option for the buddy program due to an exploit discovered with this payment method. The terms and conditions (https://secure.eveonline.com/Buddy/) of the program have been updated.
Players, who from now on, select PayPal as a payment option for their buddy account will have to contact customer support as the reward will not be given out.
Source: eveonline.com | news from EVE (http://www.eveonline.com/)