Overview of PayPal
PayPal is a leading online payment platform that allows individuals and businesses to send and receive money securely over the Internet. Founded in 1998, PayPal enables users to make purchases, transfer funds, and manage transactions with ease. It supports various payment methods, including credit and debit cards, bank transfers, and PayPal balances.
How to set up Gateway PayPal
Go to General Settings in top right corner;
Go to the Integrations Tab;
Scroll until you find "PayPal";
Click on the "Disabled" to Enable the integration
Set up fields
API Username:
API Password:
Signature:
Payment options
By integrating with PayPal, you can provide candidates two options:
a) Only let candidates pay through a PayPal account (as they would do on Amazon or any other e-commerce website).
b) Let candidates pay via PayPal or credit card (so long as your PayPal plan contemplates both methods).
Please refer to this link from PayPal's App Centre for more information.
Payment procedure
The candidate needs to fill in the necessary payment details;
The online payment platform contacts the issuer bank to authenticate the transaction, which includes checking for enough balance in the sender account and being screened for fraud;
If all is good, the application fee is debited from the applicant’s account and deposited in yours, or, initially, Full Fabric's;
Accordingly, the candidate is notified whether the payment was successful or unsuccessful, and the payment state is updated in Full Fabric.
Altogether, this operation shouldn't take more than a couple of minutes. ⌛️