Yeah, sellable item is used to do just that...sell an item, be it a ticket to an event or an actual physical item...it can even be used to gather donations. I just responded to another question about the whole eCommerce/payment portion of this add-on, essentially saying the features exist - they're even in use on some sites I run - they are just not documented yet.

Integration with Paypal does come with the add-on and is relatively easy to setup. I'll see if I can put together a screencast on how to setup a sellable item using Paypal to accept payment.

Great! Thanks for the information and a screencast would be fantastic.

Hello jgarcia. I completed the purchase of the addon but want to see if you can expand on the paypal integration of it? The help shows this:
You must have a payment gateway installed in your root /element folder in order to use this feature. Full documentation regarding payment gateways coming soon.

Can you provide some guidance?

Thanks!

Here's a screencast on how Paypal integration works:http://www.youtube.com/watch?v=w1sMxGD6A4c...