In payment gateway integrations, what is the purpose of using a webhook?

  • Data Encryption
  • Load Balancing
  • Real-time Notification of Events
  • Session Management
The purpose of using a webhook in payment gateway integrations is to receive real-time notifications of events, such as successful payments or chargebacks. Webhooks enable developers to respond promptly to transaction-related events, enhancing the efficiency and responsiveness of the payment processing system.
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