of payment gateway provides a robust level of security with PCI compliance and fraud protection, as well as being straightforward to configure, with the host taking care of all necessary arrangements. Self-hosted payment gateway - the customer's payment information is obtained directly from the merchant website. This data is then encrypted and sent to the external payment gateway for authorization. No rerouting to a different website for payment is necessary, thus the merchant has full authority over the user's payment experience. API-hosted gateway - the payment details and processing are managed directly on the merchant's website, through an API (Application Programming Interface). An API-hosted gateway offers a completely customosable checkout experience and can be incorporated with various systems, including mobile devices. Cryptocurrency payment gateway - it works similar to the other payment gateways. The merchant can receive fiat or cryptocurrency of his choice. All transactions are processed directly on the blockchain and are irreversible. See also Merchant account List of online payment service providers References Electronic funds transfer Merchant services