PayPal has announced that it's bringing a new iOS SDK and some new API tools to SXSW next week. As you might expect, the API will allow apps to use PayPal's tools to integrate payment information directly rather than having to go through a separate authorization page. As you can see on the official website, devs will be able to simply use a few method calls to set up PayPal payments, and get proof back that payment has taken place.
The API also includes credit card scanning software from Card.io, which PayPal a