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Online Payment Wars Heat Up

Posted on 4.01.2007
PayPal has launched Website Payments Pro, its' first non-hosted payment solution. The service includes Express Checkout, Direct Payment API and Virtual Terminal functions, so firms can let shoppers choose how to pay for their purchases.

- The Direct Payment API lets businesses accept credit or debit card paymentson the business's own website and payments are processed through PayPal.
 
- Customers can also pay for their goods using PayPal's Express Checkout, removing the need to re-enter billing or delivery information with every purchase.
 
- The Virtual Terminal allows businesses to accept orders offline via phone, fax or mail and then enter the details online so the transaction is processed by PayPal.

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