Study Guide
Table Of Contents
- PayPal Certified Developer Program Study Guide
- Contents
- List of Tables
- Online Payment Processing
- Internet Security and Fraud Prevention
- Why Every Business Should Be Concerned About Internet Fraud
- Liability for Internet Fraud
- Internet Fraud: What It Is and How It Happens
- Who Is at Risk for Online Fraud
- Reducing Exposure to Fraud
- What Banks and Card Associations Are Doing to Prevent Online Credit Card Fraud
- What PayPal Is Doing to Protect Your Business Against Fraud
- Disclosure and Compliance
- PayPal Fraud Protection Services
- Review Questions
- Getting Started With Account Setup
- API Credentials
- Name-Value Pair (NVP) API
- Express Checkout
- Direct Payment API
- Transactions
- Sandbox Testing
- Answers to Review Questions
- General Reference Information
- Glossary
- Index
PayPal Certified Developer Program Study Guide March 2008 145
Answers to Review Questions
Chapter 1
A
6. Match each PayPal solution to the service it offers.
Response PayPal Product Service Description
4 Website Payments Pro 1. Lets you send customers email invoices that they
can pay on PayPal. This simple solution does not
require you to have a shopping cart or an internet
merchant account.
7 Website Payments Standard 2. A gateway that provides a secure connection
between your online store and your internet
merchant account. Scalable and fully customizable,
this solution is recommended for merchants who
require peak site performance and direct control over
payment functionality on their site. Merchants using
this service can enhance the customer experience by
allowing shoppers to complete the checkout process
without ever leaving your site.
2 Payflow Pro 3. Allows merchants to put the PayPal logo on their
own website to accept PayPal as an alternative
payment source, in addition to credit cards such as
MasterCard® or Visa®.
5 Payflow Link 4. An all-in-one payment solution that allows
customers to shop and pay on your site. You can
accept credit cards directly on your site and get the
features of a merchant account and gateway through
a single provider at a lower cost.
1 PayPal Email Payments 5. A gateway that provides a secure connection
between your online store and your internet
merchant account. This service is designed for
merchants who require a simple solution to selling
on the web. In order to use this service, you need to
add only a small piece of HTML code that will link
your customers to order forms hosted by PayPal.
6 PayPal Virtual Terminal 6. Provides your business with the same functionality
as a stand-alone credit card-processing terminal, but
allows you to accept credit card payments by phone,
fax, and email.
3 PayPal as an Additional Payment
Option
7. Lets customers shop on your website and pay on
PayPal. It offers a pay-peruse model with no set-up
or monthly fees. It includes shipping and tax
calculators, reporting tools to measure your
business, and support for international currencies.