Basically, I want so that when someone purchases a serial code from my website for a product using PayPal, once the payment is received, it sends an email with a UNIQUE serial code (from a database?) to the email on the buyer's PayPal account. Anyone know of good software or way to set this up?
Email serial code for digial product after paypal payment
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Consider PayPal IPN (Instant Payment Notification), which sends a message to the listener on your server when a transaction is done. Then you can decide according to the IPN message if your system should send out a serial. (You will have to develop the listener and designate the URL of this listener when you initiate the PayPal transaction.)
https://developer.paypal.com/webapps/developer/docs/classic/ipn/gs_IPN/
IPN does more than that but the above URL could be the starting point.
However if you are asking which software generates the serial, that's out of my knowledge.