REG: Order fallback process possibilities

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I have used the custom payment method in Shopify and I have updated the order status (manually) once received the payment from the end-customers.

Now I want to know whether Shopify provides the webhook URL for each order to update the status from an external system (Like Custom application, ERP, etc.,) to Shopify using either the POST/GET method.

This will help to avoid manual work and efforts.

Thanks in advance.