from my email,
Dear Vendor,
We are writing to inform you of some changes to the way in which Plimus handles PayPal transactions.
These changes will be implemented in two phases. The first phase will start on December 9, 2011, when Plimus will cease offering PayPal as a centralized payment method. After that date, purchases made by shoppers via PayPal will no longer pass through the Plimus PayPal account, but will instead pass directly to each vendor's own PayPal account. In order to take advantage of this feature, each vendor will need to provide some details on their PayPal account, as explained below.
The clear benefit of this approach is the immediate availability of funds: the moment a transaction is complete, you will have the revenues available for re-investment in your business.
In the first phase (known as PayPal Basic Integration), shoppers wishing to use your PayPal account will be passed directly to PayPal for payment. Once a transaction closes, it will be confirmed back to the Plimus platform; this means that Plimus will:
(1) send the customer to either a generic Thank You page, or to a location you define in the BuyNow template;
(2) deliver an Instant Payment Notification (IPN) to you, if you have defined this option in the Control Panel; and
(3) track the sale in a special report intended to track these sales. Please note that, for the duration of this phase, when the shopper leaves the Plimus site, their transaction will no longer be under the full control of Plimus, and you will therefore need to deliver any applicable fulfillment details and invoices.
Additionally, any disputes, refunds and other transaction-related issues should be pursued directly within the PayPal system; and applicable sales taxes and VAT should be charged through the native PayPal platform.
The PayPal Basic Integration will be made available on December 9, and there will be no charge from Plimus for this service. Vendors need not take advantage of PayPal Basic Integration in order to be eligible for PayPal Advanced Integration.
In the second phase of the solution (known as PayPal Advanced Integration), due for release at the end of December, Plimus will fully manage PayPal sales on your behalf through your PayPal account. Once a shopper selects PayPal for payment, they will complete the transaction on the PayPal site; the transaction will be acknowledged and managed by Plimus, even though funds will be delivered directly to your PayPal account. PayPal Advanced Integration will enable Plimus to manage fulfillment (e.g. download links and serial numbers), refunds, chargebacks, shopper disputes, subscriptions, full reporting and so forth. This phase will go live at the end of December, and will be a reduced-rate service: your Plimus fee will be lowered by the amount charged by PayPal.
In order to take advantage of these new features, we encourage you to examine our step-by-step PDF guide to acquiring API credentials for your PayPal account, and updating your Plimus Control Panel settings. You will need to have these details updated no later than December 9th in order to continue to offer PayPal to your shoppers.
We believe this new approach to PayPal will prove beneficial to all in the long run, putting more money back into every vendor's business more quickly. We genuinely appreciate your business and as this transition occurs, we apologize for any inconvenience it may cause.
For further information on the Basic and Advanced Integrations, please click here.
link:
http://home.plimus.com/ecommerce/paypal-settings/newsletter
