Paypal payment processing resources

Payment Processing Basic

• Paypal support Credit card, Purchase card, Debit card, eChecks
• Payment processing network include Individuals , Institutions, Processes, Services
  

• Payment processing solution should be Secure , Reliable, Easy to use

Payment Card Industry Data Security Standards (PCI DSS)

There is 12 requirements all merchant websites must meet to comply with PCI DSS

1. Install and maintain firewalls
2. Do not use default system or application password. Password must strong with digit , characters and spacial characters
3. Protect stored card holders data
4. Encrypt transmission of card holders data(https)
5. Use regularly update anti virus software
6. Develop and maintain secure system and application
7. Restrict access to cardholders data by business need to know
8. Assign unique id to each person with computer access
9. Restrict physical access to cardholders data
10. Track and monitor all access to network resources and cardholders data
11. Regularly test security system and processors
12. Maintain policy that addresses information security for employees and contractors
    

Risk and fraud

• Authenticate is challenge
• Hackers can break into merchant's network
• Hackers can steal customer's identity
• Multiple access points for break in

Criminal take advantage to sophisticated spidering techniques to identity merchant with network vulnerability.and break into your network and high-jack account access.

Whats paypal doing

• Provide Secure socket layer(SSL) SSl establish trust between parties involve in ecommerce transaction using at least 128 bit encryption
• Paypal servers sit behind a monitored firewalls

How reducing charge-back

1. Provide realistic delivery time
2. Describe sale item much as possible with clear images
3. Make sure you clearly disclose total cost to customer upfront
4. Provide customers to with a way to contact you
5. Response promptly and continuously to the customers inquiry

Dispute and charge back

Two type of cases

1. Complain/Dispute- Customer register complain to the payment merchant
   
2. Charge back- Customer complain to credit card company

PayPal Products Overviews

Add-On product

1. Create invoice at paypal website. Customer can pay for it
2. Enter order to virtual terminal. paypal process the transaction you get paid
   

You can check your application with paypal sandbox

Creating payment button

Button types- Buy now, Donate, Subscribe, Add to cart, View Cart


Payment Pro

Use paypal API to develop application

Paypal business account offer

Sales activity and accounting reports
Automatic fraud screening
Built in shipping and tax calculation
Multi currency support

Using paypal API operation to include advance processing and "Back office" processes

Intergrate your application with paypal APIs

• Set up a paypal sandbox account
• Set up API credential
• Integrate the direct payment API
• Integrate the express checkout API