Which of the options represents the correct sequence for making an online payment? 1.The customer selects the item to purchase and provides his/her credit card information. 2.The payment gateway sends the information to the processor which in turn routes it to the credit card issuer. 3.On receiving the relevant information - the merchant sends it to the payment processor. 4.The payment processor forwards the transaction results to the merchant - who then decides whether to accept or reject the order. 5.The bank which issued the credit card authorizes or declines the payment and sends the transaction result to the payment processor.

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Which of the options represents the correct sequence for making an online payment? 1.The customer selects the item to purchase and provides his/her credit card information. 2.The payment gateway sends the information to the processor which in turn routes it to the credit card issuer. 3.On receiving the relevant information - the merchant sends it to the payment processor. 4.The payment processor forwards the transaction results to the merchant - who then decides whether to accept or reject the order. 5.The bank which issued the credit card authorizes or declines the payment and sends the transaction result to the payment processor.