Understanding the Ecosystem of Payment Gateway

Authorization Process  of Customer decides to make an online purchase and inputs credit card information. Merchant ’s website receives customer information and sends it to a payment processing service, Payment processing service routes information to processor,Processor routes information to bank that issued customer’s credit card (issuing bank) .
Issuing bank sends authorization (or declination) to processor,Processor routes transaction results to payment processing service.Payment processing service sends results to merchant
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