PayPal

DataCash Merchants can now easily create an express payment lane for Customers by adding PayPal to their checkouts via their existing integration with DataCash.

PayPal, a global leader in online payments, has 164 million account holders worldwide and is now one of the most common online payment methods. It offers any Customer with an email address a quick, easy and convenient method to pay for goods, using stored PayPal payment information and the PayPal Express Checkout facility.

As you would expect from DataCash, the integration of PayPal as an additional payment option has been designed to extend the transaction options and payment processing speed offered to Merchants.

Express Checkout Facility

Customers can pay easily, quickly, and securely in as few as three clicks. The Customer initiates and approves PayPal payments earlier in the checkout process, enabling shipping and billing information to be pulled from PayPal to the Merchant's website. This saves the Customer both time and hassle and in turn potentially leads to a higher sales conversion rate for the Merchant's business.

To find out more about PayPal Express Checkout click here.

Enable PayPal through the existing DataCash API

DataCash has worked with PayPal to enable the payment option in much the same way as other payment options operate through the DataCash API. The integration is within the standard UK platform (EDI) and is, for most Merchants, a relatively straightforward extension of their existing connection to DataCash. There is minimal testing once the payment authorisation call extension has been made, enabling merchants to move swiftly from application to processing payments.

PayPal Merchant Account

In order to accept PayPal payments, Merchants will require a PayPal Merchant Account. DataCash has worked with PayPal to provide DataCash Merchants with a streamlined application process. The Merchant rates and charges from PayPal for accepting PayPal payments are published on the PayPal website

To find out how to sign up for a PayPal Merchant Account click here.

Key Features

  • Through PayPal, Merchants are able to receive payments online from a comprehensive range of major and localised market debit cards, credit cards and bank transfers.
  • All PayPal Express Checkout transactions are PCI DSS compliant.
  • PayPal transactional information is available through the consolidated reporting tool used for all DataCash payment mechanisms.
  • Integration to PayPal through the single DataCash API provides consistent and straightforward integration methods and maintenance.
  • A 24/7 test server places no reliance on third parties for testing and integration.
  • PayPal resides alongside all products and services available in the DataCash range on a proven and resilient payments platform.

Key Benefits

  • Merchants are able to leverage the growing network of millions of PayPal account holders. An express lane can be used to penetrate the existing 20 million UK PayPal account holders and over 164 million globally.
  • Merchants can increase revenue by opening a new sales channel. Amongst UK online shoppers, more than one in two are PayPal Customers and 35% say they prefer to use PayPal as their online payment method of choice.
  • Merchants will gain access to new and more local Customers and international payment methods by entering new territories with ease (190 markets and 17 core currencies), where credit card penetration is low and acquiring facilities are difficult or impossible.
  • Express Checkout, through DataCash, allows Merchants to remain in control of their checkout, with tight integration to their website and order management process.
  • With PayPal Express Checkout, Merchants will convert more browsers into buying Customers and reduce shopping cart abandonment, with buyer conversion averaging 72%**.
  • Easy integration through one single point of integration means PayPal can easily be added to a Merchant's existing DataCash payment page.

*Based on a 2006 survey of 200+ merchants already accepting credit cards online who then added PayPal

**Based on analysis conducted on Top 100 PayPal merchants in UK and US combined (in terms of volume) using Express Checkout.