Feeds

PayPal goes after small biz

PayPal for pros

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

Online payment specialist PayPal is going after small business customers with a package of services called Website Payments Pro.

The service offers three levels of service for different businesses - Express Checkout, Direct Payment API and Virtual Terminal.

Express Checkout is for PayPal account holders who will be able to pay for items in three clicks with shipping information sent from PayPal to the retailer's website.

Direct Payment is for customers without PayPal accounts who want to pay using a credit card. It allows buyers to put their card details straight into the retailer's site while PayPal looks after the back office stuff.

Finally Virtual Terminal is an online interface for staff taking credit card details over the telephone and entering them into PayPal.

The company says this will give merchants more control over the buying process because more of it takes place on their own site rather than on PayPal's. It also means even the smallest business can offer a choice of ways for customers to pay.

Pricing starts at $20 a month plus a charge of 30 cents and 2.2 to 2.9 per cent of every transaction. The monthly fee is being waived til later in the year.

You can read the whole press release here.

In other news yesterday PayPal released a developer kit for coders making applications which will interact with its payment system. More details here®

Related stories

Google aims for PayPal
PayPal coughs to 'internal comments' edit slip
eBay meets target, splits stock but price tumbles

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.