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Online Payment Wars Continue: PayPal Officially Announces Flexible API

20 points by ExJournalist 17y ago

johns 17y ago
Does anyone know if this will require PayPal logos and/or PayPal accounts for end users or is a completely transparent API like Authorize.net? The Amazon account requirement for FPS makes it a non-starter for me.
- redorb 17y ago
  Holy shit -was just doing some research on it, was lead to www.x.com - how much did they pay for that domain name? wow - Just read the first 4 posts (and only posts so far) it doesn't answer your question..
  - lionheart 17y ago
    Wasn't x.com one of the two companies that merged to create PayPal?
    - madh 17y ago
      Yes. "The current incarnation of PayPal is the result of a March 2000 merger between Confinity and X.com." http://en.wikipedia.org/wiki/PayPal#Beginnings http://en.wikipedia.org/wiki/PayPal#Beginnings (Here's a link to the contract: http://contracts.corporate.findlaw.com/agreements/paypal/confinity.mer.2000.03.01.html http://contracts.corporate.findlaw.com/agreements/paypal/con...)
      - redorb 17y ago
        i feel dumb now - still looks like they are under using that domain name,
Xichekolas 17y ago
You know, the $2000/sec figure didn't sound that impressive until I did the math. Paypal seriously processes $63 billion a year in payments? That kind of surprises me. Also, the chained payments feature sounds like exactly what I have been looking for on one project. Last I checked, you couldn't do this with FPS. The closest you could get was authorizing multiple receivers at the same time, but they would show up as individual charges on the bill. (If that has changed, feel free to point it out to me.)
jdrock 17y ago
PayPal should work on improving their documentation for their developer API before they push out new features. We went with Google Checkout just because the documentation was so much better.
- rs 17y ago
  I just so have to agree with you! It took me a week to figure out what in the world was going on in Paypal API land - they have a number of products, but they are all so poorly explained and described. So, a week to figure what was going on, only a few hours to mould it all together once I realised what I really wanted.

20 points by ExJournalist 17y ago

johns 17y ago

Does anyone know if this will require PayPal logos and/or PayPal accounts for end users or is a completely transparent API like Authorize.net? The Amazon account requirement for FPS makes it a non-starter for me.

redorb 17y ago
Holy shit -was just doing some research on it, was lead to www.x.com - how much did they pay for that domain name? wow - Just read the first 4 posts (and only posts so far) it doesn't answer your question..
- lionheart 17y ago
  Wasn't x.com one of the two companies that merged to create PayPal?
  - madh 17y ago
    Yes. "The current incarnation of PayPal is the result of a March 2000 merger between Confinity and X.com." http://en.wikipedia.org/wiki/PayPal#Beginnings http://en.wikipedia.org/wiki/PayPal#Beginnings (Here's a link to the contract: http://contracts.corporate.findlaw.com/agreements/paypal/confinity.mer.2000.03.01.html http://contracts.corporate.findlaw.com/agreements/paypal/con...)
    - redorb 17y ago
      i feel dumb now - still looks like they are under using that domain name,

Xichekolas 17y ago

You know, the $2000/sec figure didn't sound that impressive until I did the math. Paypal seriously processes $63 billion a year in payments? That kind of surprises me. Also, the chained payments feature sounds like exactly what I have been looking for on one project. Last I checked, you couldn't do this with FPS. The closest you could get was authorizing multiple receivers at the same time, but they would show up as individual charges on the bill. (If that has changed, feel free to point it out to me.)

jdrock 17y ago

PayPal should work on improving their documentation for their developer API before they push out new features. We went with Google Checkout just because the documentation was so much better.

rs 17y ago
I just so have to agree with you! It took me a week to figure out what in the world was going on in Paypal API land - they have a number of products, but they are all so poorly explained and described. So, a week to figure what was going on, only a few hours to mould it all together once I realised what I really wanted.