Save payment methods

DocsCurrentLast updated: March 31st 2023, @ 9:55:03 am


Save payment methods so payers don't have to enter details for future transactions. Payers can check out faster or pay without being present after they agree to save a payment method.

A payment method is saved and exchanged for a unique token through a process called tokenization. The token is stored securely and used instead of the original account number.

The benefits of using saved payment tokens include:

  • Increased security by reducing opportunities for data theft.
  • Simplified payment processing.
  • Helps maintain Payment Card Industry Data Security Standard compliance.

Save payment methods with or without transaction

  • With a transaction - The customer's payment method is saved during checkout. They can select it again at checkout for faster transactions.
  • Without a transaction - The customer's payment method is saved with no checkout. Customers don't have to be present for future transactions. A common use case is offering a free trial of a product and charging customers later.

Save payment methods at platform or merchant level

  • Save payment methods at the platform level - Supports a payer using a saved payment method with many merchants. For example, a payer saves their payment method on a marketplace's website. The payer can then use their saved payment method with any merchant on the marketplace.
  • Save payment methods at the merchant level - Supports a payer using a saved payment method with one merchant. For example, a payer saves their payment method on a merchant's website. The merchant's ecommerce is hosted by a third party. The third party saves payment methods for the merchant.

Supported payment methods

PayPal can save the following payment methods to the vault:

  • Credit and debit cards
  • PayPal Wallets
  • Venmo

Eligibility

To save credit and debit cards, you must be approved to process Advanced credit and debit card payments.

  • Australia
  • Austria
  • Belgium
  • Bulgaria
  • Canada
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Hungary
  • Ireland
  • Italy
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • United Kingdom
  • United States

Onboard sellers

Before you can save payment methods, you'll need to onboard sellers.