Understanding the workflow of a prefund
Payments go through a series of statuses throughout the workflow.
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Fiat-prefund statuses:
Status Status Type Description initiated Intermediate A order has been created on TransFi end, and waiting for the funds to be sent. fund_processing Intermediate Customer has submitted the payment details, and waiting for the partner to confirm the payment receipt. fund_settled Terminal Payment has been successfully received to TransFi. fund_failed Terminal Payment is not received by TransFi or reverted back to customer due to incorrect information while paying in or compliance checks. completed Terminal Customer balance will be updated. -
Crypto-prefund statuses:
Status Description initiated A order has been created on TransFi end, and waiting for the user to complete the payment completed TransFi has received the crypto from user's wallet address. Customer balance will be updated.