PayPal 101: Payments for Developers

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If you're new to payments, this is one you won't want to miss. Gain an understanding of the business of payments without spending days or thousands of dollars on a course. We'll go through payment networks, funding options, chargebacks, and everything you need to know to accept payments efficiently.

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  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • International Business Transactions Copyright 2001, Jason A. Korosec. All rights reserved.
  • PayPal 101: Payments for Developers

    1. 1. PayPal 101: PAYMENTS FOR DEVELOPERS Jason Korosec, General Manager, PayPal Platform, Product Management
    2. 2. AGENDA <ul><li>What are payments anyway? </li></ul><ul><li>What does PayPal offer to developers? </li></ul><ul><li>Why is understanding payments, important to you? </li></ul>
    3. 3. WHAT IS A PAYMENT ANYWAY? <ul><li>The exchange of value (“money” or “funds”) </li></ul><ul><li>From one party to another </li></ul><ul><li>To meet the objectives of the parties involved (the application) </li></ul><ul><li>Using the features and attributes of that method </li></ul><ul><li>When such exchange does not: </li></ul><ul><ul><li>Directly undermine and/or violate law or regulation </li></ul></ul>
    4. 4. EXCHANGE OF VALUE TAKES MANY FORMS <ul><li>Travelers checks </li></ul><ul><li>Bill payments </li></ul><ul><li>Check or draft </li></ul><ul><li>ACH payment </li></ul><ul><li>Cards, cards, cards </li></ul><ul><li>Net-based payments </li></ul><ul><li>Many others </li></ul>As a developer, you select the forms of payments that best fit your application and target the consumer experience.
    5. 5. PAYMENTS REQUIRE TWO OR MORE PARTIES Sender Receiver Objective Consumer Merchant Purchase Consumer Internet merchant Internet Purchase Employer Employee Payroll Parent Child Allowance Originator Recipient Remittance Person (giver) Charity Gift Consumer Biller Bill Payment Person (giver) Person p2p gift Business Supplier b2b payment Citizen Government Taxes, Licenses… As a developer, the sender and receiver may have many different names, depending on their role and objective.
    6. 6. MEETING THE OBJECTIVES OF EACH PARTY Sender Receiver Objective Consumer Merchant Purchase Consumer Internet merchant Online purchase Employer Employee Payroll Parent Child Allowance Originator Recipient Remittance Person (giver) Charity Gift Consumer Biller Bill payment Person (giver) Person p2p gift Business Supplier b2b payment Citizen Government Taxes, licenses…
    7. 7. PAYMENT SYSTEMS FUNCTION DIFFERENTLY <ul><li>Each payment method has unique features and attributes </li></ul><ul><li>Technology to interface </li></ul>
    8. 8. WHEN A CREDIT CARD IS SWIPED The usage of the card is authorized by the issuer in real time . Credit Card Acquirer Issuer Payment System Consumer Merchant
    9. 9. HOW THE MONEY MOVES The authorizations are captured immediately and settled in batch. Credit Card Acquirer Issuer Payment System Consumer Merchant
    10. 10. CHARGEBACKS Consumers have the right to chargeback transactions. Credit Card Acquirer Issuer Payment System Consumer Merchant
    11. 11. CHARGEBACKS Consumers have the right to chargeback transactions. Credit Card Acquirer Issuer Payment System Consumer Merchant The funds are withdrawn from the merchant’s account and credited to the consumer’s account. Attend the session titled “Leading Strategies in Fighting Fraud and Reducing Risk” to learn more about dispute resolution.
    12. 12. DEBIT CARD DIFFERENCES Debit Card Acquirer Issuer Payment System Consumer Merchant
    13. 13. DEBIT CARD DIFFERENCES Debit Card Acquirer Issuer Payment System Consumer Merchant With debit cards, processed as a debit card, the authorization transaction and the settlement (capture) transaction are the same. Money movement is in real time.
    14. 14. BANK ACCOUNTS AND ACH ACH / Bank Account ODFI RDFI Payment System Consumer Merchant
    15. 15. BANK ACCOUNTS AND ACH ACH / Bank Account ODFI RDFI Payment System Consumer Merchant With Automated Clearing House (ACH), there is no authorization transaction. Money movement is batch.
    16. 16. WHAT PayPal OFFERS <ul><li>Checkout products </li></ul><ul><ul><li>Express Checkout </li></ul></ul><ul><ul><li>Website Payments Pro </li></ul></ul><ul><ul><li>Website Payments Standard </li></ul></ul><ul><ul><li>Virtual Terminal </li></ul></ul><ul><ul><li>PayFlow Gateway </li></ul></ul><ul><li>Platform building blocks </li></ul><ul><ul><li>Adaptive Payments </li></ul></ul><ul><ul><li>Adaptive Accounts </li></ul></ul><ul><li>Other building blocks </li></ul><ul><ul><li>PayFlow Gateway </li></ul></ul><ul><ul><li>eMail Payments </li></ul></ul><ul><ul><li>Mass Pay </li></ul></ul>
    17. 17. WHAT PayPal OFFERS <ul><li>Checkout products </li></ul><ul><ul><li>Express Checkout </li></ul></ul><ul><ul><li>Website Payments Pro </li></ul></ul><ul><ul><li>Website Payments Standard </li></ul></ul><ul><ul><li>Virtual Terminal </li></ul></ul><ul><ul><li>PayFlow Gateway </li></ul></ul><ul><li>Platform building blocks </li></ul><ul><ul><li>Adaptive Payments </li></ul></ul><ul><ul><li>Adaptive Accounts </li></ul></ul><ul><li>Other building blocks </li></ul><ul><ul><li>PayFlow Gateway </li></ul></ul><ul><ul><li>eMail Payments </li></ul></ul><ul><ul><li>Mass Pay </li></ul></ul>Ultimately, PayPal simplifies and standardizes payments across various payment systems, globally. As a developer, you won’t need to know the intricacies of the various payment systems around the world. Instead, just integrate with PayPal. Attend the “Lions and Tigers and Bears, Oh My” session to learn more about PayPal’s products.
    18. 18. WATCH OUT FOR ILLEGAL TRANSACTIONS <ul><li>Certain transactions are illegal. Therefore, the payment and processing of the payment is also illegal. </li></ul><ul><li>Some examples: </li></ul><ul><ul><li>Sales of narcotics </li></ul></ul><ul><ul><li>Child pornography </li></ul></ul><ul><ul><li>Internet gambling transactions </li></ul></ul><ul><ul><li>Underage alcohol/tobacco sales </li></ul></ul><ul><li>All payment mechanisms prohibit payments that violate law. </li></ul><ul><li>As a developer, creating an application that violates law or enables the violation of law could subject you to criminal and civil liability. </li></ul>
    19. 19. FUN QUESTION <ul><li>What is the book that every payments developer should read? </li></ul>
    20. 20. CONCLUDING THOUGHTS <ul><li>Ultimately, the complexities of payments are simplified for developers through PayPal’s products and services. </li></ul><ul><li>Not all complexities can be completely hidden. </li></ul>
    21. 21. LEARN AND SHARE <ul><li>www.x.com </li></ul><ul><li>Twitter:  @paypalx </li></ul><ul><li>www.facebook.com/paypalx </li></ul><ul><li>Innovate 09 hashtag:  #ppxi09 </li></ul>LEARN AND SHARE www.x.com Twitter:  @paypalx www.facebook.com/paypalx Innovate 09 hashtag:  #ppxi09 Proprietary

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