PayPal to open platform to third-party developers

New APIs will let developers create different payment scenarios funneled through PayPal's system

PayPal will soon open up its platform to third-party developers, allowing them to build applications with a range of money transfer options.

PayPal, which is owned by eBay, is developing what it calls the Adaptive Payments Service, which consists of a set of APIs (application programming interfaces) that let different programs exchange information.

In PayPal's case, the APIs will allow applications that can support transactions such as "chain payments," where a buyer sends a payment to a primary seller, which then can pass on portions of that money to others with an interest in the transaction.

The APIs will be previewed at PayPal's corporate headquarters in San Jose, California, on July 23, wrote Damon Hougland, senior director of product development.

"We believe that providing a global payments platform will open up countless opportunities for developers to innovate and create new revenue streams," Hougland wrote.

PayPal's plans slipped out when a confidential company document was posted on TechCrunch's blog.

Hougland and Osama Bedier, vice president of platform and emerging technology, confirmed PayPal's plans in blog postings.

The document lays out several features that give retailers or other sellers more options to streamline how they receive money.

One option is a parallel payment. A buyer sends one payment that can is sent to between two to six receivers.

It differs from a chain payment in that the buyer would potentially interact with all of the sellers, whereas in a chain payment the contact is only with the primary receiver of the money.

PayPal levies a fee for money transfers, but those implementing the APIs can determine whether the buyer or seller should pay those fees. All participants must have a PayPal account.

PayPal is playing a bit of catch up to Amazon.com, which already has many of the same features available as part its Amazon Payments program.

Amazon's Flexible Payments Service offers APIs that let developers have much control over how their transactions are conducted using their application on Amazon's platform.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags APIpaypalapplication developmentpayment gateways

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jeremy Kirk

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?