To use this payment option you will need an account with Paypal.
To connect you will need to enter your paypal email Email account which should receive the funds. If you have multiple Emails in Paypal make sure you use the primary one.
To fully automate the payment collection you must go to your profile in your PayPal account and then go to Instant Payment Notification (IPN) and change the Notification URL to https://www.beds24.com/api/paypal/paypal.php and set IPN messages to enabled. If you do not do this we will not be notified if payments are successful. The Instant Payment Notification settings is usually in your Paypal Profile, My Selling Tools menu.