Thursday, June 23, 2005

Paypal releases API

Here's interesting news - Paypal has released an Application Programming Interface (API) for their services, to give companies more power concerning payments. An API, for those who don't know, is basically a set of instructions that a company will give out for free to whoever wants it, that tells outsiders how to directly connect to and manipulate the data from that company without using the company's already-existing interface. In Paypal's case, this mostly means that you will now be able to verify credit cards right from your site, using this new API, without your customer knowing that it's Paypal powering the whole thing; it will also streamline the purchase process, according to the company, and also finally let companies accept Paypal payments over the phone, fax, or in person. Hmm, hmm, hmm... (Thanks to "E-Commerce Guide" for pointing this out.)