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http://coding.smashingmagazine.com/2011/09/05/getting-started-with-the-paypal-api/

Getting Started With The PayPal API

PayPal is the most popular platform for receiving online payments today. The ease of opening a PayPal account and receiving payments compared to opening a merchant account with a traditional payment gateway is probably the number one reason for its popularity, with a close second being the comprehensive API that PayPal provides for its payment services.