Understanding the workflow of a prefund

Payments go through a series of statuses throughout the workflow.

  1. Fiat-prefund statuses:

    StatusStatus TypeDescription
    initiatedIntermediateA order has been created on TransFi end, and waiting for the funds to be sent.
    fund_processingIntermediateCustomer has submitted the payment details, and waiting for the partner to confirm the payment receipt.
    fund_settledTerminalPayment has been successfully received to TransFi.
    fund_failedTerminalPayment is not received by TransFi or reverted back to customer due to incorrect information while paying in or compliance checks.
    completedTerminalCustomer balance will be updated.
  2. Crypto-prefund statuses:

    StatusDescription
    initiatedA order has been created on TransFi end, and waiting for the user to complete the payment
    completedTransFi has received the crypto from user's wallet address. Customer balance will be updated.