PayPal and the tradeit ecommerce platform
PayPal is an acquirer, performing online money transfers as electronic alternatives to paying with traditional methods, such as cheques and money orders, by allowing shoppers to checkout directly from the product page, shopping cart or checkout page of an online store.
When integrated with tradeit, PayPal can be used as a complete payment solution or added as an extra payment method to your existing ecommerce site, in conjunction with your current payment solution provider.
PayPal Checkout involves an API/Javascript integration to tradeit whereby the PayPal Smart Payment button is added to a website which, when clicked, calls the PayPal Orders API to set up the transaction and launch the PayPal Checkout experience.
Payment is taken via the PayPal site so is PCI-compliant and PayPal passes customer contact and shipping details meaning the customer avoids lengthy form filling. Once payment is approved by the buyer, the button calls the PayPal Orders API to finalise the transaction. PayPal is also often enabled via other PSPs as an Alternative Payment Method.
PayPal helps users pay more quickly and securely with just an email address and password or a mobile number and PIN, meaning there is no need to re-enter your card and delivery details every time you checkout.