What is third party paymentSolutionIn short third party paym

What is third party payment?

In short third party payment means the seller offers goods or services the buyer uses to pay through debit or credit card and uses a mastercard or visa or paypal as payment gateway to secure their transaction in this case it is called as third party payment they will charge some amount for providing a secure payment gateway some of the third partyes are PayPal, Visa mastercard