PayPal - new web site features

https://www.paypal.com/cgi-bin/webscr?cmd=_wp-pro-feature-list-outside

PayPal has a new “Website Payments Pro” service which includes:

Direct Payment API so that you can use PayPal just like any other
payment gateway (buyer enters their CC info in a form on your web site,
your server connects to PayPal’s API to do the transaction – no
redirecting to paypal.com, no PayPal account required for the buyer)

Express Checkout, where someone with a PayPal account can buy with a
couple of clicks (using the address in their PP profile)

Virtual Terminal for doing phone/fax/mail transactions.