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 15
Online Payment Processing
PayPal’s Payment Processing Solutions
1
your site and get the features of a merchant account and gateway through a single
provider at a lower cost. Website Payments Pro allows you to control your checkout from
start to finish.
For more information on Website Payments Pro, go to: https://www.paypal.com/cgi-
bin/webscr?cmd=_wp-pro-overview-outside.
– Website Payments Standard: Website Payments Standard lets customers shop on your
website and pay on PayPal. It offers a pay-peruse model with no set-up or monthly fees.
Like Website Payments Pro, it includes shipping and tax calculators, reporting tools to
measure your business, and support for international currencies.
For more information on Website Payments Standard, go to:
https://www.paypal.com/cgi-bin/webscr?cmd=_wp-standard-overview-outside
.
2. Do you have your own internet merchant account or business bank account that
allows you to process credit cards online?
If you do, consider PayPal Payflow Gateway products. A gateway provides a secure
connection between your online store and your internet merchant account.
– Payflow Pro: Scalable and fully customizable, the Payflow Pro 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.
For more information on Payflow Pro, go to: https://www.paypal.com/cgi-
bin/webscr?cmd=_payflow-pro-overview-outside.
– Payflow Link: 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. This simple
package allows you to process payments by credit cards, debit cards, and checks, online
and offline. It also works with most major shopping carts.
For more information on Payflow Link, go to: https://www.paypal.com/cgi-
bin/webscr?cmd=_payflow-link-overview-outside.
3. Do you need a basic payment processing service?
Look first to a basic PayPal service for processing credit cards payments. These include:
– PayPal Email Payments: Email Payments 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.
For more information on PayPal Email Payments, go to: https://www.paypal.com/cgi-
bin/webscr?cmd=_email-payments-overview-outside.
– PayPal Virtual Terminal: Virtual Terminal 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. You can use Virtual Terminal on any
computer with an internet connection.
For more information on PayPal Virtual Terminal, go to: https://www.paypal.com/cgi-
bin/webscr?cmd=_vt_hub-outside.