How Does a Best Offshore Payment Gateway Function?

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How Does a Best Offshore Payment Gateway Function?
A payment gateway consists of several key players
who manage the payment process from beginning to
end. When a customer visits your website and pays
for their order, their payment goes through a
multi-step process before being
completed. Before we get into the process, let's
talk about who is involved in a payment
gateway
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• Who is involved in a payment gateway?
• Merchant- The merchant in this process is a
  company that sells a product or service to
  customers.
• Customer- A customer is a person or entity who
  wishes to buy a product or service from the
  merchant. They also have cards.
• Issuing Bank- An issuing bank is a financial
  institution where the customer has an account. It
  is referred to as the 'issuing bank' because it
  has issued the debit or credit card to the
  customer on behalf of the card scheme (Mastercard
  or Visa).

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• Acquirer- The acquiring bank is the financial
  institution with which the merchant has an
  account. When a transaction occurs in the
  merchant's store, the acquiring bank typically
  forwards it to the issuing bank
• The operation of a payment gateway differs
  depending on whether it is an online portal or an
  in-store gateway. Application programming
  interfaces (APIs) enable communication between
  the payment processing network and the merchant's
  website.
• An application programming interface is a
  collection of programming codes that are in
  charge of querying data and responding to it. It
  then transmits commands from one platform to
  another

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• Thank You