What you need for your gateway are the classic credentials. In order to get your these you have to first create a Paypal sandbox account that will act as your seller. Make sure it is a Business/Merchant type account.
Once you do that then click on the "Profile" link for that account, look under the tab "API Credentials." That will have all the information you need listed.
- Paypal API Username
- Paypal API Signature
- Paypal API Password