Does PayPal Integration App work with V7?

I was about to post a topic on the same and noticed this thread. I can’t seem to get paypal integration to work in v7. When I try to enable the paypal integration, I get an error message Payment Gateway Account not created, please create one manually, however I have a good payment gateway account document created with my API Username, API password and Signature copied and pasted from the paypal site.

Ideas? No other error message shown and can’t find anything in logs either.