Ans: PayPal Recurring aPayments allows you to bill a buyer for a fixed amount of money on a fixed schedule. Consider the following examples:
These examples represent payment transactions that reoccur periodically and are for a fixed amount.
The buyer signs up for recurring payments during checkout from your site using the Recurring Payments API or you can set up recurring payments from your PayPal account.
Ans: www.paypal.com
Ans: When you create recurring payments for a buyer, you create a recurring payments profile. The profile contains information about the recurring payments, including details for an optional trial period and a regular payment period. Each of these subscription periods contains information about the payment frequency and payment amounts, including shipping and tax, if applicable.
After a profile is created, PayPal automatically queues payments based on the billing start date, billing frequency, and billing amount, until the profile expires or is canceled by the merchant.
Limitations
The current release of the Recurring Payments API has the following limitations:
Ans: C++, JavaScript
Ans: You can create, modify, suspend, reactivate, or cancel recurring payment profiles from your PayPal account. You can also list all recurring payment profiles. To access the PayPal Recurring Payments tools, click Recurring Payments from the Tools section of your account overview.
You can also access recurring payments reports from the PayPal Business Overview page.
Ans: PayPal sandbox is a testing environment of paypal.com. Developer first create account in Sandbox(https://developer.paypal.com/) and integrate the payment with sandbox. After completing all (including testing), then update the API keys.
Ans: Your customers go through a 4-step process to pay for a purchase:
For an illustration, refer to the section “The payment experience” on the Website Payments Standard overview page.
Ans: When Customer pay fixed amount on a regular basis to the merchant is know as recurring payment.
For Example: You buy a home and pay some amount on regular basis to bank for x months.
Ans: No. They can pay with their credit/debit card (Visa, MasterCard, American Express, and Discover) — all without having a PayPal account.
Ans: Accept online payments from customers with with OR without PayPal accounts.
In this website, accept credit/debit cards (Visa, MasterCard, American Express and Discover), eChecks, bank transfers, and PayPal accounts.
Ans: You have 3 options.
Ans: No, Customer can pay with credit/debit card on paypal.com. He have option to paypal account.
Ans: Yes. If you’re selling something on your website, you can create a button that keeps track of what you’ve sold. PayPal will also notify you by e-mail when your inventory gets low, so you don’t sell items that are out of stock.
Ans: Yes.
Ans: Website Payments Standard offers a variety of reporting tools:
Ans: Yes, You can customize the logo, item detail and description etc by passing some optional parameter.
Ans: Yes. Website Payments Standard offers shipping and tax calculators for both domestic and international sales in countries where PayPal is available.
All tax and shipping calculators are locationd in your PayPal account profile.
Ans: When you want customer must do payment on your website (customer never leave website OR Never redirect to paypal.com) with credit card/debit card.
Ans: Yes. You can buy, sell, send, or receive payments globally in currencies supported by PayPal.