What is the name of the process that describes what happens when a customer is taken to a separate site to complete a transaction before being sent back to the original site again?
- Second-party payment processing
- Third-party payment processing
- External payment processing
- Internal payment processing
Explanation:
The name of the process that describes what happens when a customer is taken to a separate site to complete a transaction before being sent back to the original site again is called third-party payment processing. This process involves using a third-party payment gateway to process payments on behalf of the merchant. The customer is redirected to the payment gateway’s website to enter their payment information and complete the transaction. Once the transaction is complete, the customer is redirected back to the merchant’s website.